Footasylum

Footasylum, a prominent UK-based footwear and sportswear retailer, has extended its revolving credit facility with HSBC UK, raising the total facility limit from £35 million to £60 million to support accelerated physical and digital expansion.

Summary of transaction details:

• Value: £60,000,000
• Sector: Retail
• Advisor: Not disclosed
• Key Entities: Footasylum, HSBC UK
• Location: Rochdale, United Kingdom

Note: The increased credit line is strategically allocated to fund new store openings in Leeds, Glasgow, and Merthyr Tydfil, while simultaneously financing significant e-commerce development and creating over 80 new roles, positioning the company for sustained omnichannel growth.