26-05-2023 08:51 via retailgazette.co.uk

Asos raises £75m as it strikes asset-based refinancing deal

// Asos raises £75m from investors
// It has inked a £275m refinancing with specialist lender Bantry BayAsos has raised £75m from shareholders and has struck an asset-based lending refinancing deal to strengthen its balance sheet.
The retailer, which is currently amid a turnaround plan in the face of eye-watering losses, has inked a new long-term £275m asset-based financing facility with specialist lender Bantry Bay through to April 2026.It replaces its old £350m re
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