12 June 2026
THG PLC
€445m Term Loan B trading above par at record high price since issuance
THG PLC ("THG" or the "Group") is pleased to report that its €445 million Term Loan B ("TLB") has this week traded above par for the first time since issuance in March 2025. Notably, this represents the highest trading price achieved by any THG TLB, including the Group's previous €600 million TLB, since November 2021, reflecting lender confidence following successive positive trading updates across 2025 and 2026.
The loan is trading significantly above the issuance price and the European Leveraged Loan Index, with the TLB price having increased by 500bps since 2nd January 2026, leading to a reduction in yield by c.1.3%. THG's TLB has outperformed the European Leveraged Loan Index by c.400 bps over the same period.
For further information please contact:
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Investor enquiries: |
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Kate Grimoldby, Director of Investor Relations and Strategic Projects |
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Media enquiries: |
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Sodali & Co - Financial PR adviser |
Tel: +44 (0) 20 7250 1446 |
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Russ Lynch/Sam Austrums |
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THG PLC |
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ENDS
Notes to editors
THG PLC is a global e-commerce group and brand owner headquartered in Manchester, UK, which operates through two leading consumer businesses: THG Beauty and THG Nutrition.
THG Beauty operates prominent online platforms including Lookfantastic, Dermstore and Cult Beauty, offering a valued route to market for over 1,000 third-party brands, alongside a specialist portfolio of owned brands.
THG Nutrition, led by Myprotein, the world's largest online sports nutrition brand, spans multiple health and wellness categories, delivering its products both directly to consumers and through strategic offline partnerships worldwide.