Signage at a Dick Smith electronics store in Sydney, Friday, Dec. 4, 2015. Dick Smith has been struck off the Australian share market's (ASX) top 200 companies list just as its stores launch a mammoth clearance sale. (AAP Image/Joel Carrett) NO ARCHIVING

Dick Smith shares enter trading halt

Troubled electronics retailer Dick Smith has placed its shares in a trading halt ahead of an expected announcement about its debt financing.

The company expects to make an announcement about its funding position and debt financing covenants by Wednesday.

Dick Smith shares have plunged in recent months after it issued two profit warnings following disappointing sales in October and November.

– AAP

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