Hotelier of the Year 2019 8 November 2019 Sally Beck, general manager of Royal Lancaster London, shares her people-first strategy for creating the 'happiest hotel'
In this week's issue... Hotelier of the Year 2019 Sally Beck, general manager of Royal Lancaster London, shares her people-first strategy for creating the 'happiest hotel'
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Speculation rife that PizzaExpress will look to restructure £1.1b debt pile

08 October 2019 by
Speculation rife that PizzaExpress will look to restructure £1.1b debt pile

Speculation that PizzaExpress is heading for a restructuring of its £1.1b debt pile is rife following reports advisors have been appointed.

Bloomberg reported on Friday that the casual dining chain, established by Peter Boizot in 1965, has enlisted Houlihan Lokey as it plans negotiations with creditors.

In its 2018 annual report the casual dining chain, bought by Chinese private equity firm Hony in 2014, reported debt levels of £1.1b, £607.7m of which was due to external creditors with the remainder lent by the parent company.

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