14th Apr 2014 05:49
LONDON (Alliance News) -Punch Taverns PLC has brought in an independent corporate restructuring expert to aid long-running discussions over its GBP2.3 billion debt mountain, The Sunday Telegraph reports without saying where it got the information.
Dean Merritt, from Talbot Hughes McKillop, is representing the companies that issued Punch?s debt, amid hopes a deal that is agreeable to all lenders and shareholders can be thrashed out by the beginning of next month, the newspaper reports.
http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/leisure/10764028/Punch-Taverns-brings-in-independent-restructuring-specialist.html
By Steve McGrath; [email protected]; @stevemcgrath1
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