Restaurants
The Restaurant Group to raise £715m to offset Covid-19 impact
The plans follow the company’s recently announced full year trading update which saw it hit a pre-tax loss of £127.6m for 2020 compared with its £37.3m loss in 2019
The Restaurant Group (TGR) has announced it plans to raise £175m in a move which will aim to enhance liquidity, accelerate deleveraging and support selective growth as the company continues to struggle with the ripple effects of Covid-19.
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