THG completes debt refinancing to 2029
As a result of the proposed refinancing, net total leverage (excl. leases) decreases from 3.2x to 2.2x pre deal fees based on FY 2024 continuing Adjusted EBITDA (excluding Ingenuity) of £92m

Manchester-based online retailer THG has announced it has completed its debt refinancing arrangement up until December 2029.