US owners Carlyle back £150m refinancing at debt-laden retailer Very - News Summed Up

US owners Carlyle back £150m refinancing at debt-laden retailer Very


The move comes as the private equity firm continues to seek a sale of the debt-laden Very Group. Carlyle had been Very Group’s main corporate lender under previous owners the Barclay Brothers but seized control of the business last year. On Monday, Carlyle confirmed it had converted some of Very’s debts into equity, taking £150 million of capital in the company. Very said its UK securitisation facility was extended to February 2029 while a £150 million revolving credit facility was extended to 2030. “The £150 million capital support from Carlyle is a reflection of their strong and ongoing support for the business.”


Source: The Times February 16, 2026 15:52 UTC



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