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Punch Taverns PLC News

UPDATE 1-Punch Taverns creditors say will not support debt plan
27 Jan 2014

UPDATE 1-Punch Taverns creditors say will not support debt plan

LONDON, Jan 27 (Reuters) - Punch Taverns' creditors urged the British pub company on Monday to reopen negotiations over a restructuring of its debt, s...

Punch Taverns faces fresh opposition to debt shake-up
27 Jan 2014

Punch Taverns faces fresh opposition to debt shake-up

Pub landlord Punch Taverns has hit another obstacle in its bid to push through a debt overhaul that it claims is crucial to keeping the company afloat...

Investor groups rebuff Punch restructuring plan
27 Jan 2014

Investor groups rebuff Punch restructuring plan

* Investors will vote against proposals * Default seen as an empty threat * Potential to renegotiate not ruled out By Anil Mayre LONDON, Jan 27 (IFR) ...

Punch Taverns creditors say will not support debt plan
27 Jan 2014

Punch Taverns creditors say will not support debt plan

LONDON, Jan 27 (Reuters) - Punch Taverns' creditors urged the British pub company on Monday to re-open negotiations over a restructuring of its debt, ...

UK government stalling on pub reforms, says opposition
21 Jan 2014

UK government stalling on pub reforms, says opposition

LONDON, Jan 21 (Reuters) - The British government was accused on Tuesday of dragging its feet over reforms to the pub industry after it rejected calls...

Punch proposals still threaten default but investors hold firm
17 Jan 2014

Punch proposals still threaten default but investors hold firm

* Pub group tweaks restructure plan but without senior investors consent * Monoline insurer Ambac to pay GBP12.5m to exit position * Threat of default...

Thursday tips round-up: Punch Taverns. Juniper Fund Management, Tullow
16 Jan 2014

Thursday tips round-up: Punch Taverns. Juniper Fund Management, Tullow

Punch Taverns' Chief Executive Stephen Billingham has quite a challenge in front of him. He is trying to force bondholders and shareholders to agree o...

Punch Taverns urges investors to back its debt shake-up - UPDATE
15 Jan 2014

Punch Taverns urges investors to back its debt shake-up - UPDATE

Punch Taverns has challenged its investors to back its debt restructuring or face a default by the pub company. Punch, which has about 4,200 pubs, on...