Issue

Assisted the group with the successful refinancing of its existing £60 million debt facility.

Solution

• Advice on the structuring of the facilities.
• Review of financial models and covenants.
• Bringing in a new lender to the banking group.

Outcome

The new £90 million facility marks a significant step forward in the Group's strategic growth plans. It provides flexibility for further investment in its brand platform, including organic expansion both in the UK and internationally, as well as supporting the Group’s longer-term acquisition strategy.

The debt facility was provided by a four-strong banking syndicate.