RE: News24 Jul 2025 09:58
Fed I'd agree refinancing in itself isn't a reason to not publish results.
The reason for the refinancing may well be a good enough reason though.
If the intention is to publish bad historic news in tandem with good future intent, then that would make a lot of sense.
If the Sky news is true, then I'd guess whatever the purpose of the finance is, it would be subject to NDA.
So that would explain the last few months silence
The original refinancing story stated categorically that Boo were negotiating £125m standard RCF refinancing and £50m special purpose lending.
It remains to be seen whether this is the case.
But with this potential lender having previously been in Debenhams, it opens up a whole load of possible scenarios, all of which would be commercially sensitive