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Marston's asks bondholders for more time

StockMarketWire.com

Pub chain operator Marston's has officially asked holders of its bonds for more time as it anticipates challenges from the second national lockdown.

Marston's has formally asked holders of its secured Class A notes for "a limited number of further technical waivers" during the first half of 2021.

This is being taken as a precautionary measure to the group's pubs across England being closed in November.

Noteholders are being asked to respond by 1 December and a meeting is being called on 3 December.

At 1:19pm: (LON:MARS) Marstons PLC share price was +1p at 65.35p


Story provided by StockMarketWire.com