The Restaurant Group, the operator of brands including Wagamama and Frankie & Benny’s, has amended and extended its borrowing facilities.
The company’s revised £340m package includes a £220m term loan facility and a £120m revolving credit facility with its existing lenders, representing an early repayment of some £21m.
The deal gives the company an extra two years of debt facilities with the maturities of the term loan and the RCF extended to April 2028 and March 2027 respectively.
