THG raises £90m in major fundraising push with £60m from founder

THG has raised £90m through a combination of a share placing and refinancing measures, marking another step in simplifying its debt structure and positioning the company for future growth.
The fundraise included a £60m contribution from THG founder and CEO Matthew Moulding, who subscribed to £31.2m worth of shares at a price of 32.3p—representing a 5% discount on the previous day’s closing price.
The retailer said Moulding also injected a further £54.6m throug