DOUGLAS Group's €200m Refinancing Success

DOUGLAS Group, recognized as Europe's leading omnichannel beauty retailer, has successfully secured €200 million through a German private placement. This refinancing step comes from the Schuldscheindarlehen market, featuring maturities from three to seven years, supported by international investors. The funds, combined with €250 million from operational business liquidity, will repay a €450 million bridge facility initiated post-IPO.

The repayment of the bridge facility at its initial due date both mitigates interest costs by €3.3 million and signals the Group's intent to reduce debt. CFO Mark Langer underscores this strategic move, emphasizing the enhancement of the Group's financial flexibility and reinforcing plans for future expansion.