5th Mar 2013 09:25
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/
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ENQUIRIES:
Punch Taverns plc | Tel: 01283 502 215 |
Steve Dando, Finance Director | |
Brunswick Group LLP | Tel: 0207 404 5959 |
Mike Smith, Jonathan Glass | |
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