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FAQs concerning proposed Restructuring Solution

5 Mar 2013 09:25

RNS Number : 2417Z
Punch Taverns PLC
05 March 2013
 

Punch Taverns plc

05 March 2013

 

Punch Taverns plc

Frequently Asked Questions Concerning the Proposed Restructuring

 

On 7 February 2013, Punch Taverns plc ("Punch" or the "Group") announced details of its proposed restructuring solution for the Group's two securitisations, Punch A and Punch B. In order to assist stakeholders assess the proposed restructuring solution a set of frequently asked questions and answers, including details of the current fees paid to monoline insurers, the proposed covenants for both Punch A and Punch B and confirmation that the Group currently has no intention to pay a dividend for the foreseeable future, have been made available on the Group website: www.punchtavernsplc.com/Punch/Corporate/Investor+Centre/Investor+announcements/2013/

 

 

- ENDS -

ENQUIRIES:

Punch Taverns plc

Tel: 01283 502 215

Steve Dando, Finance Director

Brunswick Group LLP

Tel: 0207 404 5959

Mike Smith, Jonathan Glass

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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