Pret A Manger received a £185m cash injection from owner JAB Holdings earlier this year, Companies House accounts reveal.

Alongside the cash injection, Pret amended terms with its external lenders in February, in order to meet the working capital and operational requirements of the group.

Banking facilities totalling £150m obtained in May 2020 were extended to December 2021, with an optional extension at the lender’s discretion for a further 6 months.

Following the refinancing, the group was able to re-pay £88.5m of its extended revolving credit facility (RCF) it drew down in 2020.

The accounts reference the company’s significant organisational restructuring, including closing 39 Pret shops and 33 Eat shops in the UK, and 22 shops in the US.

The closures resulted in 3,771 redundancies in the UK, and 1292 in the US, at a cost of £15.3m.

During the accounting period, for the full year to January 2020, Pret A Manger (Europe) Limited made a loss of £24.5m from turnover of £708.5m, following the acquisition of Eat.