Privately-owned British childrenswear retailer Adams on Tuesday agreed a refinancing deal that values the chain at £120 million and will allow it to proceed with its ambitious UK and international expansion. The Warwickshire-based company, which runs 450 stores and supplies children's apparel to Sainsbury, Boots, Allders and Littlewoods, said the refinancing involved Lloyds TSB Development Capital and a syndicate of banks.