Superdry closes in on refinancing deal with Elliott Advisors

Superdry at Manchester Arndale exterior

Superdry is close to striking a refinancing deal with the UK arm of activist investor Elliott Advisors. 

The fashion retailer, which is being advised by PwC, is on the verge of finalising an agreement with Elliott-backed Bantry Bay, according to The Sunday Times. 

Superdry has been seeking a new credit facility to shore up its balance sheet before its existing £70m facility expires at the end of January. 

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