Punch Taverns PLC Share News (PUB)

Punch Taverns gets Lloyds Bank approval for restructuring

Oct 2 (Reuters) - Punch Taverns Plc said it had received approval from Lloyds Bank Plc for its plan to restructure its 2.3 billion pound ($3.7 billion) debt. The pub operator said in August that owners of 65 percent of its notes supported the plan, but that it had yet to secure the backing

Punch Taverns Takes Step Closer To Completing Debt Restructuring (ALLISS)

UPDATE 2-UK pub firm Spirit rejects Greene King's $1 bln approach

(Recasts with Spirit statement, updates shares) By Neil Maidment LONDON, Sept 23 (Reuters) - British pub chain Spirit Pub Co said it had rejected a 661 million pound ($1.08 billion) takeover approach from rival Greene King, reasoning it undervalued the company and its "attractive pro

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Punch Taverns Debt Restructuring Plan Finally Agreed

UPDATE: Punch Taverns Says Noteholders Approve Of Restructuring Proposals

Punch Taverns Shareholders Approve Restructuring Proposals

Punch Taverns Says Support Growing For Latest Debt Restructuring Plan

Sunday newspaper round-up: BG Group, Bank of England, Flotations

While it casts about for a replacement for recently defenestrated chief Chris Finlayson BG Group is set move along with plans to shrink its international holdings. That is now understood to include its entire 60% holding in exploration Block 3 offshore Tanzania, while holding on to similar stakes in

Punch Taverns proposes cutting debts by £600m

Punch Taverns, the Burton upon Trent-based pub and bar operator, announced the full terms of its restructuring proposals on Monday, as it seeks to reduce its £2.26bn debts. In an official statement, the company said the proposals were broadly similar to those announced last week, which were delayed

Punch Taverns says 65 pct of noteholders back restructuring plan

Aug 18 (Reuters) - Punch Taverns Plc said owners of about 65 percent of its notes now supported its plan to restructure about 2.3 billion pounds ($3.9 billion) of debt, up from about 59 percent in June. Punch, which began the process of restructuring its debt in 2012, said shareholders cont

Punch Taverns Reveals Terms Of Debt Restructuring Proposals

Punch Taverns Says Restructuring Of Debt Delayed