The Very Group secures long-term funding

The Very Collection

The Very Group has extended and renewed its key debt facilities to secure long-term funding to power the business.

The Very Group chief financial officer Edward Fry said: “Securing this long-term funding reflects the confidence of our lenders in the strength of our business. The combination of extended maturities, improved margins and further deleveraging provides a stable platform for continued investment in our digital and customer proposition, while maintaining a disciplined approach to balance sheet management. 

 

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