Young & Co, the London brewer and pub operator, has agreed a new £95m senior debt package with Royal Bank of Scotland. The facility will be used to fund the group’s growth and development ambitions. Peter Whitehead, Young’s finance director, said the funds would be partly used for an ongoing refurbishment programme across its pub estate. He said: “We have plans to grow our business both organically and by acquisition. “The refinancing process was made easier in the current economic climate by the fact that we have a team of bankers who take time to understand our business.” Young’s, which has 222 managed and tenanted pubs plus a 40% stake in the Wells & Young’s Brewing Company, started working with RBS over 100 years ago.