Addleshaw Goddard advises JD Sports on £1 billion revolving credit and $700 million term loan facilities
Addleshaw Goddard has advised JD Sports Fashion Plc, the FTSE 100 global retailer, on its new £1 billion multi-bank revolving credit facility and associated $700 million term loan, further supporting the Group’s long-term strategic ambitions.
The facilities were arranged with a syndicate of 10 international banks and represents a major milestone in the Group’s financial strategy, reinforcing JD Sports’ position as a leading global omni-channel retailer of sports fashion and outdoor brands.
The Addleshaw Goddard team was led by partner Martin O’Shea, with support from specialists across the firm’s finance, cross-border, and retail sector teams.
Martin O’Shea, Partner at Addleshaw Goddard, commented:
“We are delighted to have supported JD Sports on this landmark financing, which delivers the scale, flexibility and international capability to match the Group’s global footprint and strategic ambitions. It’s a testament to JD’s standing in the market that these facilities attracted the support of 10 major international banking institutions".