Debenhams plans about $48 million equity fundraise to boost liquidity
17/02/2026 07:21
Feb 17 (Reuters) - British fashion retailer Debenhams DEBS.L on Tuesday confirmed plans for a 35 million pound ($47.52 million) equity fundraise to boost liquidity and cut its net debt. The board is in advanced talks with its lending syndicate to secure additional financial flexibility. ($1 = 0.7365 pounds) (Reporting by Nithyashree R B in Bengaluru; Editing by Mrigank Dhaniwala) ((NithyashreeRB@thomsonreuters.com))