boohoo group Plc (GB:BOO) has released an update.
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Boohoo Group Plc has repaid £50 million of its £97 million term loan, following a successful oversubscribed placing and efforts to reduce stock levels. This repayment is a strategic move to streamline operations and maximize shareholder value. The company remains focused on sustainable growth while thanking its banking partners for their support.
For further insights into GB:BOO stock, check out TipRanks’ Stock Analysis page.
