Waterstones secures £125m in new funding to support growth plans

Waterstones in John Lewis Oxford Street

Source: Waterstones/John Lewis

Waterstones has secured £125m in new funding facilities, which it said is designed to support the company’s ongoing financing needs and future growth.

The new facilities were jointly arranged by Barclays UK Corporate Bank and HSBC UK Bank and include a £75m loan and a £50m revolving credit facility.

 

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