Punch noteholder committee favours covenant waive
A group representing senior Punch Taverns noteholders has signalled its acceptance of the pub company’s request to waive its covenant and avoid default on its debt securitisations.
Archives for April 6, 2014
Pub delivery problems persist after five-week Carlsberg computer glitch
Licensees are still experiencing problems receiving stock, after a Carlsberg UK computer glitch has left some pubs with delayed and incomplete deliveries for the fifth week running.
Welsh pub company makes its own World Cup plans after Home Office snub
Brains has announced plans to show England's World Cup opener in its pubs despite the country being excluded from the Government's licensing u-turn.
Pernod seeks UK partners for new vodka brand
Pernod Ricard is looking for UK partners to help make the first “global vodka with local roots.”
Tyrrells Crisps and Chase Vodka founder moves into wine
Tyrrells Crisps and Chase Vodka company founder, William Chase, has moved into wine with the launch of Williams Chase Rosé, the first release from his new French vineyard.
New eating out concepts are in 'fastest growth in years'
Foodservice operators are rolling out new eating out concepts ‘at a faster rate than the sector has seen for several years’.
BUSINESS BOOSTER
Money makers: Ideas for driving food and drink sales at your pub
PubFood's focus on event and promotional ideas for your pub
Punch asks creditors to waive covenant in bid to avoid default
Punch Taverns has called a meeting with bondholders to vote on a request to waive its debt covenant to “avoid a near-term default” on its securitisations.
Albert Roux and Tom Kitchin to champion Scottish produce
Three-stared Michelin chef Albert Roux is one of 18 acclaimed chefs to promote Scotland as a Land of Food and Drink on the world stage this year.