Asda faces debt sell-off amid growing revenue declines

Asda is facing a sell-off of its bonds and loans as investors in the retailer grow worried that accelerating revenue declines will threaten its turnaround.
A fall in the price of the supermarket’s traded debt that started in November has picked up pace in 2026, the Financial Times reported, after industry data revealed that Asda was the biggest loser of Christmas in the sector. 
A €1.3bn loan issued by the grocery giant in 2024 has fallen to a record low of 88 cents on the euro,