Enterprise in possible £1b refinancing deal

10 May 2010 by
Enterprise in possible £1b refinancing deal

Pub operator Enterprise Inns could be close to agreeing a £1b refinancing package.

The pub company could announce a deal within the next few weeks, and possibly as early as Tuesday when it announces its half-year earnings, according to the Sunday Times.

The news eases concerns that the company, which had a net debt of £3.6b at the end of September 2009, will have to turn to its shareholders for cash.

Enterprise Inns sees fall in net income >>

Enterprise Inns makes good progress in shedding underperforming pubs >>

Enterprise Inns boss makes £500,000 from share sale >>

E-mail your comments to Neil Gerrard here.

If you have something to say on this story or anything else join the debate at Table Talk - Caterer's new networking forum. Go to www.caterersearch.com/tabletalk

Caterersearch.com jobs
Looking for a new job? Find your next pub job here with Caterersearch.com jobs

[Newsletters For the latest hospitality news, sign up for our e-mail newsletters.
The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking