Debt Advice to Dune London

 
Dune.png

TRANSACTION TYPE
Debt Advice

VALUE
N/A

SECTOR
Multichannel Retail

WEBSITE
dunelondon.com

 

Argyll Debt Advisory supported Dune Group as its financial advisor on banking and debt issues which involved the move of its banking facilities to HSBC.

Dune

  • one of the most influential global players in fashion footwear and accessories

Deal highlights

  • advised on the renewal of debt facilities to support acquisition and growth

  • consistently provided thoughtful, insightful and actionable advice concerning banking relationships and funding requirements

  • achieved improved commercial terms and covenant headroom in a challenging retail market - to support its growth to be the global leader of affordable luxury fashion footwear and accessories

Alice Arnold, Finance Director, commented:

"Argyll have done an excellent job in supporting Dune through our re-finance process. Argyll took the lead on negotiations with the banks and provided advice and support regarding legal and due diligence requirements right through to completion. The process was very smooth, and we are delighted with the outcome."