Debevoise & Plimpton LLP has advised B&M European Value Retail Holdco 4 Ltd (“B&M”) in the refinancing of its existing senior credit facilities with a new senior facilities agreement.

The refinancing comprises a £225 million term loan facility and a £225 million revolving credit facility.

For more information, please see here.

B&M is the UK’s leading variety goods value retailer. It has over 700 stores, employs over 35,000 staff, and serves 4 million customers each week. It is listed on the London Stock Exchange (“BME”).

The Debevoise team advising B&M was led by partner Alan Davies, and included international counsel Gregg Young, and associates Patrick Dixon and Henry Treble.