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Boohoo Group Secures Refinancing Amid Leadership Change

Boohoo Group Secures Refinancing Amid Leadership Change

boohoo group Plc (GB:BOO) has released an update.

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Boohoo Group Plc has secured a £222 million debt refinancing deal to propel its next development phase, while the board explores strategic options to maximize shareholder value. Despite a challenging trading environment, the company anticipates improved financial performance in the second half of FY25. CEO John Lyttle will step down, contributing to a leadership transition as the group continues its transformation journey.

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