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.

Consumers were upset that gift vouchers for Dick Smith will not be honoured after the retailer collapsed. Credit:Peter Rae

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