Ocado to raise £575m through new shares to fund growth

The retailer said it has also agreed a £300 million revolving credit facility, provided by a syndicate of international banks.

Online retailer Ocado has revealed plans to raise £575 million to help fund its growth plans (PA)

By Henry Saker-Clark, PA Deputy Business Editor

Online retailer Ocado has revealed plans to raise £575 million to help fund its growth plans.