YO! Sushi, the Japanese restaurant chain, has completed a refinancing deal that values the company at close to £35m. Barclays Bank, which has supported the business for the last six years, has provided £17.5m of new banking facilities, which will fund a return of cash to shareholders and back the company’s planned accelerated roll out over the next three years. The group, which currently has 34 restaurants, 26 of them in the UK and eight international franchised restaurants, plans to have 50 sites open by the end of 2007. The company, which was backed by Primary Capital in a management buyout three years ago, said it aimed to have 100 outlets in total by 2010. Robin Rowland, chief executive, said: “The delivery and performance of new sites in addition to continued high growth in like-for-like sales and profitability has proven the potential of YO! Sushi we always believed was possible. “With the continued support of Primary and Barclays as our equity and debt partners, we remain extremely confident of both our domestic and international growth going forward.” Rowland said that the company’s end of year results, which are due in January, would show that the business had had a “stunning year”.