Marston’s has said it is planning to reopen 70% of its estate in England from 12 April, and subject to regulatory confirmation, the majority of our Scottish and Welsh pubs on 26 April.

The business also confirmed today that it has secured waivers and amendments to its bank, private placement and securitised facilities for the financial periods up to and including 1 January 2022.

Within the securitisation, Marston’s had strong support from bondholders who have approved waivers for the two-quarter tests to 2 October 2021 and the four-quarter test to 1 January 2022, it said.

Meanwhile the group’s banks and private placement have approved the adoption of liquidity and quarterly profit covenants to 1 January 2022.