The Restaurant Group secures fresh loan despite jump in number of takeaway orders
The Restaurant Group, which owns the Wagamama, Frankie & Benny’s and Garfunkel’s chains, has reported a jump in takeaway orders but warned it is burning through £5.5m a month in the latest Covid lockdown.
The group said it had secured another loan worth £500m that would help consolidate its debt and give it a larger financial cushion as it prepareed to reopen the rest of its sites to diners when lockdown lifts.
