THG said it renegotiated several financing agreements, underlining its progress toward a neutral net cash, net debt position.

THG said it has raised 90 million pounds ($116.3 million) through a share placing and loans to reduce its debt.

THG opened at GBX 34.96 ($0.45) on Tuesday. The firm has a market capitalization of £462.65 million, a P/E ratio of -1.97, a PEG ratio of -0.08 and a beta of 2.40. The stock has a fifty day ...