Dunelm fully draws down RCF as UK shuts down

shopping_basket_fotolia_230x150
By Mike Turner
24 Mar 2020

Dunelm, the UK homewares company, has drawn down entirely its £165m revolving credit facility, as it became the latest European firm to lean on its banking group amid the sharp economic downturn from the Covid-19 pandemic.

Until now it had only drawn £14m of the facility, due March 2023. The facility was agreed in 2018 with Barclays, HSBC and Lloyds.

More companies are having to draw down their revolving credit facilities, particularly in the sectors worst hit by the pandemic, such as airlines and associated ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

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: subs@globalcapital.com or find out more online here.