The Hut Group prices its first ever term loan

By Karoliina Liimatainen
10 Dec 2019

Sprawling e-commerce company The Hut Group completed a €600m term loan 'B' deal on Tuesday, changing its capital structure. The privately held company — touted as one of the few UK tech unicorns — has expansion ambitions in both online stores and web services, but is also making risky excursions into real estate.

The seven year loan was priced at 450bp over Euribor, with a floor at zero. As the initial price talk indicated, the loan was issued at a 99.00 original issue discount.

This is THG’s first broadly syndicated loan and it marks a change in its capital structure. To ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.