Arini agrees £598m Very Group loan in strategic debt refinancing
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1 Articles
Arini agrees £598m Very Group loan in strategic debt refinancing
Arini Capital, the hedge fund founded by former Credit Suisse credit trader Hamza Lemssouguer, has agreed to provide £598m in financing to the Very Group, the UK-based online retail business owned by the Barclay family, according to a report by The Times. The deal will see Arini purchase senior secured notes issued by the Very Group, part of a broader refinancing package aimed at strengthening the retailer’s balance sheet ahead of a potential sa…
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