DFS Furniture plc, the leading retailer of living room and upholstered furniture in the UK, has announced the successful completion of new credit facilities. The company has signed a £200 million Revolving Credit Facility (RCF) and issued £50 million of US Private Placement (USPP) notes. These new facilities replace the existing £215 million RCF. The RCF, agreed with existing banking partners, will mature in September 2027 and includes an option to extend for a further 16 months, subject to lenders' agreement. The terms of the RCF are consistent with the previous facility and the USPP notes will mature in September 2028 and September 2030.

John Fallon, the Group's Chief Financial Officer, expressed his satisfaction with the successful renewal of the lending facilities, stating that it is a positive endorsement of the Group's confidence with its long-term banking partners and the wider credit market. He also highlighted that the new credit facilities provide additional liquidity and flexibility to pursue the company's strategic objectives.

DFS Furniture plc is a well-known retailer in the UK, specializing in living room and upholstered furniture. The company's successful completion of new credit facilities demonstrates its strong position in the market and its ability to secure long-term financing.