Linklaters has advised the banks on the £222m debt refinancing of boohoo Group, a leading online fashion group.
The debt facility (“Facility”) has been agreed with a consortium of boohoo’s existing relationship banks, and the financing agreement will provide the appropriate financing for the next phase of the Group’s development. The Facility compromises of a £125m revolving credit facility that runs to October 2026 and a £97m term loan that is repayable by August 2025.
The Linklaters deal team was led by London and New York Banking teams.