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THG completes debt refinancing deal to 2029

Summary by BusinessCloud.co.uk
Online retailer THG has successfully completed its debt refinancing arrangement up until 2029. The Manchester-headquartered company gave more details of the deal to the London Stock Exchange this morning. As a result of the proposed refinancing, net total leverage (excluding leases) decreased from 3.2x to 2.2x, with continuing adjusted EBITDA (excluding THG Ingenuity) of £92m. The company said: “THG is a fundamentally cash generative business an…
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BusinessCloud.co.uk broke the news in on Friday, April 4, 2025.
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