LONDON, May 25 (Reuters) - British fashion retailer Ted
Baker has refinanced by extending its revolving credit
facility with its existing syndicate of lending banks, it said
on Tuesday.
Under the new agreement, a facility of 108 million pounds
($153 million) maturing in September 2022 and a restricted
facility of 25 million pounds maturing in January 2022, will be
replaced by a new facility of 90 million pounds reducing to 80
million pounds in January 2022 until maturity in November 2023.
($1 = 0.7055 pounds)
(Reporting by James Davey, editing by Louise Heavens)
