Britain's JD Wetherspoon plans cash call for second time in less than 10 months

Jan 19 (Reuters) - Pub operator JD Wetherspoon said
on Tuesday it expected to raise 92.1 million-93.7 million pounds
($125.4 million-$127.6 million) through a share placing and
estimated cash burn of 4.1 million pounds a week, with England
under a third coronavirus lockdown.

The British company, which raised 141 million pounds in
April during the peak of an initial round of virus-related
curbs, said it would place 8.4 million new shares to be priced
between 11 pounds and 11.20 pounds a piece. Shares closed at
11.8 pounds on Tuesday.

($1 = 0.7343 pounds)
(Reporting by Shanima A and Muvija M in Bengaluru; Editing by
Edmund Blair)