All payments are on time
All covenants met
New Look started in 1969 as a single fashion store in the UK. From there it has grown to become a leading fast-fashion brand, with 569 stores in the UK and over 200 across Europe, China and Asia. Their transactional website newlook.com now ships to around 120 countries world-wide generating 14% of revenues. New Look has a significant presence in social media, over 3.0 million Facebook fans, 269,000 following us on Twitter and over 741,000 following us on Instagram. 3.5 million have subscribed to their email alerts in the UK alone.
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The company currently has no outstanding notes.
Please note as a wiseAlpha member you are not making a loan directly to the corporate borrower. Instead, you are investing in a Participation Note, or “Note”, which corresponds to a senior secured loan investment made through the wiseAlpha platform reflecting the key terms of the specific underlying loan with the borrower.