Rights Issue Sweaty Betty

 
Rights_Sweaty_Betty.png

TRANSACTION TYPE
Rights Issue

VALUE
N/A

SECTOR
Multichannel Retail

WEBSITE
sweatybetty.com

 

Argyll acted as lead financial advisor to Sweaty Betty

  • rapidly growing ladies activewear retailer across yoga, beach, snow, running

  • investment being sought by the company to develop in to the US market

Argyll Partners acted for the major shareholder in agreeing the terms of a rights issue

 Deal highlights

  • a mixture of new equity and new RCF facilities were put in place to provide for the US growth opportunity