Published: November 13, 2025 at 7:32 am
ASOS has refinanced its loan facility into a £150m secured term loan and £87.5m delayed draw term loan with a new syndicate of private lenders, lasting until 2030.
The online fashion firm said the refinancing brings materially improved financial terms, including £87.5m additional liquidity headroom, and will cost it £5m less in annual interest.
Now entering what it calls the final phase of a multi-year turnaround, it said the improved financial terms “reflect the enhanced profitability and significant strategic progress of the company”.
Natasja Laheij, the company’s senior independent director and a former Big Tech exec, is set to succeed Jørgen Lindemann as chair with the release of the FY25 results on 21st November 2025.