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By Amber Murray Asos has announced the successful refinancing of the majority of its £500m debt due in 2026, with only just over £70m outstanding. The online fast-fashion retailer, which has struggled with post-pandemic shopping trends, had £500m in convertible bonds due 2026. The London-headquartered company has now exchanged £253m into convertible bonds due in 2028 rather than 2026, in addition to repurchasing £173.4m of the convertible bonds due 2026. Of the initial £500m in convertible bonds due 2026, £73.5m remains. Convertible bonds refer to debt which the holder can swap for a fixed num…

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