Punch Taverns PLC (PUB.L)
17 Apr 2014
|Market Cap (Mil.):||£88.20|
|Shares Outstanding (Mil.):||665.68|
April 15 - Troubled British pub company Punch Taverns Plc said it breached a debt covenant related to Punch A, one of its two securitisation vehicles, in the quarter ended March 1.
Feb 28 - Punch Taverns PLC : * Trading has continued in line with management expectations * Board remains of the view that a consensual restructuring is in the best
Feb 21 - (The following statement was released by the rating agency)
(Corrects to clarify there are three junior investors plus ABI Noteholder Committee)
LONDON, Jan 27 - Punch Taverns' creditors urged the British pub company on Monday to reopen negotiations over a restructuring of its debt, saying they would not support an earlier proposal to avoid a default.
LONDON, Jan 27 (IFR) - Three holders of Punch Taverns' securitised debt said on Monday morning they would reject a proposed restructuring at an investor meeting scheduled to take place on February 14.
LONDON, Jan 27 - Punch Taverns' creditors urged the British pub company on Monday to re-open negotiations over a restructuring of its debt, saying they would not support an earlier proposal to avoid a default.
* Pub group tweaks restructure plan but without senior investors consent
LONDON, Jan 15 - British pub company Punch Taverns PLC launched a restructuring of its debt on Wednesday, the culmination of months of talks with investors to come up with a proposal it said was needed to avoid default.
Jan 15 - Punch Taverns PLC : * Launch of the proposed capital restructuring of the Punch a and Punch b