€445m Term Loan B trading above par at record high

Summary by AI BETAClose X

THG PLC announced that its €445 million Term Loan B is trading above par for the first time since its March 2025 issuance, reaching its highest price since November 2021. This performance, which has seen the loan price increase by 500 basis points since January 2nd, 2026, reducing yield by approximately 1.3%, and outperforming the European Leveraged Loan Index by about 400 basis points, reflects increased lender confidence driven by successive positive trading updates.

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THG (THG)
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