owns 4,432 sites across the UK under the Slug & Lettuce, Be at One, Sports Bar & Grill brands and 350 traditional styleThe private equity owned company has told investors there is a risk that £2.3billion of debt cannot be refinanced by a deadline next July.
Stonegate posted a doubling in losses to £257million for the year to 24 September, despite record sales of £1.7bn as it hiked the price of drinks and punters flocked back to its pubs.TDR Capital boss Gary Lindsay told MPs in January that he was “confident” Stonegate’s debts could be refinanced this year.Iconic British fashion chain to close 15 stores starting in DAYS
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