JD Sports shares: next stop 100p?

JD Sports secures £1bn revolving credit facility – Northern Financial Review

Law firm Addleshaw Goddard said it advised JD Sports Fashion plc, the Bury-based FTSE 100 retailer, on its new £1 billion multi-bank revolving credit facility and associated $700 million term loan. “The facilities were arranged with a syndicate of 10 international banks and represents a major milestone in the Group’s financial strategy, reinforcing JD Sports’ position as a leading global omni-channel retailer of sports fashion and outdoor brands…

JD Sports shares: next stop 100p?

JD Sports shares have staged a very welcome rally after touching lows around 70p in June as trade tariff fears eased and its core supplier, Nike, surprised the market with an upbeat earnings update. JD Sports’ valuation would suggest the share price should be higher than the current 88p that the market currently affords them. […] The post JD Sports shares: next stop 100p? appeared first on UK Investor Magazine.