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London-based company Superdry is reportedly seeking investment funds so that they can repay banks on a loan that is due in January, according to Bloomberg.
The company, which has been looking into potential new investors to replace an asset-backed facility, told Bloomberg that it was in “positive ongoing discussions with lenders”, however a spokesperson for Superdry did not elaborate further.
Per the report, Superdry has a £70 million asset-backed loan due in January, which is $83 million.
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