DFS secures funds of £70m to preserve liquidity

// DFS secures £70m banking facility alongside its existing £250m revolving credit facility
// The retailer completed a placing of about 42.6m new shares, representing 19.9% of issued share capitalDFS has completed a placing of about 42.6 million new shares, representing 19.9 per cent of its issued share capital.
It comes as the furniture retailer secured an additional £70 million banking facility and raised a further £64 million through a share placing.
The new 12-month