Signet Jewellers renegotiates £1bn ABL facility

The new deal extends the group’s ABL facility by nearly two years until July 2026 with terms that reflect the company's ‘strengthened’ balance sheet and ‘strong profitability

Signet Jewellers has announced that it has reached a deal to renegotiate its $1.5bn (£1bn) asset based lending (ABL) facility in a move to wind up the sale of its credit portfolio.

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