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.

Back to top button