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  • Superdry near to securing 70 million pound refinancing deal

    2 monthes ago - By Fashion United

    Image: Superdry
    Superdry has confirmed that it is close to closing a refinancing deal worth 70 million pounds as it looks to repay debts that are due in January 2023.
    In a press release, the UK-based brand said it was in negotiations with Bantry Bay Capital Limited, a firm backed by US hedge fund Elliot Advisors, to replace its existing asset-backed lending facility.
    It further noted that there was no certainty that an agreement would be reached or what the terms of such an agreement would entail.
    The retailer, which is being advised by PricewaterhouseCoopers , issued a warning surrounding...
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