By M&C Report team2004-12-10T10:02:00+00:00
Investors have snapped up hospitality and leisure stocks following the announcement by Boris Johnson of his roadmap out of lockdown on Monday.
Whitbread has appointed to new non-executive directors, Fumbi Chima and Kal Atwal.
Whitbread has refinanced its debt, with the pricing of two green bonds, extension of its revolving credit facility and its intention to repay private placement notes.
The Ivy backer Richard Caring has indicated he would be willing to support the restaurant group should cash funding through its banks become unavailable. Following a similar commitment to Bill’s Restaurants, of which Caring is a major shareholder, the Caprice Holdings chairman made a verbal agreement to extend support until May 2021.
London-based ramen concept Kanada-Ya is set to open two new restaurant sites this year, alongside a new delivery-only kitchen.
El Pastor parent company Harts Group is set to launch a new restaurant for the brand in Soho later this year.
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