Debenhams confirms £35 million fundraise
Online fashion and beauty platform Debenhams (DEBS:AIM) confirmed speculation surrounding a planned £35 million equity fundraise at a discounted 20p per share. The news sent the stock down 10% to 20.3p in early deals. Having rebranded from Boohoo last year, Debenhams said the equity will be used to pay down debt. It will also provide … Continue reading Debenhams confirms £35 million fundraise
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