Eurotunnel job for Gavin Anderson

Eurotunnel has hired Gavin Anderson to bolster financial comms during its negotiations with company creditors.

The company, which is trying to secure a deal with the holders of most of its £6.4bn debt, is being briefed by GA London CEO Fergus Wylie and COO Ken Cronin.

The move follows Eurotunnel's pitch to bring in an agency to convince creditors to back a restructuring plan (PRWeek, 19 August).

But the firm is unlikely to meet its self-imposed October deadline for a deal and some media believe negotiations may continue into 2006.

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