Debt Advice to FatFace

 

TRANSACTION TYPE
Debt Advice

VALUE
N/A

SECTOR
Multichannel Retail

WEBSITE
fatface.com

 

Argyll Debt Advisory acted for FatFace in simplifying and extending debt facilities to support the next five years of the group's growth.

Deal highlights included

  • A flexible structure that better matches the future needs of the business

  • Committed funding support, for five years to May 2027

  • A significant reduction in finance charges

  • Pricing that also reflects FatFace's journey to sustainability

Mike Rainer, CFO, commented:

"Argyll ran a process that ensured we had the best possible new facilities in place. We are delighted to be working with NatWest again and their offer was very competitive, including one of their first ESG-linked facilities in the mid-market. Alistair helped us to drive the process to a timely conclusion and we happily recommend his services".