Chris Dawson's Plymouth retail empire secures £190m loan deal

Chris Dawson's Plymouth retail empire secures £190m loan deal

'This provides significant financial flexibility as we continue investing'

Stanlow refinery owner secures almost £300m

Owner of the giant Stanlow oil refinery close to the River Mersey secures new finance facilities totalling almost £300m to support its growth and decarbonisation strategy. Tony McDonough reports A £45m hydrogen enabled furnace at the Stanlow oil refinery. Picture by Tony McDonough   Stanlow oil refinery owner Essar Energy Transition (EET) has secured financing worth almost £300m with multiple lenders. EET, which is looking to eventually invest £…

Owner Of The Range And Wilko Secures New Credit Facility To Accelerate Growth Plans

CDS Superstores, the parent company of The Range, wilko, Homebase & Bathstore, has secured a new £190m Asset-Based Revolving Credit Facility with Wells Fargo Capital Finance (alongside banks HSBC and Citi), which it says will significantly increase its financial flexibility (more…) The post Owner Of The Range And Wilko Secures New Credit Facility To Accelerate Growth Plans appeared first on KamCity.

CDS Superstores secures £190m credit facility amid expansion

The £190m deal with Wells Fargo, HSBC and Citi will fund investment in stores, AI and supply chains. Read the full story at Retail Sector.

The Range owner secures massive £190m funding boost to accelerate expansion

The owner of The Range, Wilko, Homebase and Bathstore has secured a hefty new £190m credit facility to increase investment in stores, artificial intelligence and its supply chain. CDS Superstores has agreed the asset-based revolving credit facility with Wells Fargo Capital Finance, alongside HSBC and Citi. The new arrangement is more than double the size of its previous facility and will provide additional working capital to support the retail g…