(Bloomberg) -- The owner of the UK’s biggest pub operator is nearing an agreement with its creditors to address more than £3 billion ($3.9 billion) in debt. ...
-- The owner of the UK’s biggest pub operator is nearing an agreement with its creditors to address more than £3 billion in debt. Stonegate Pubs is set to receive around £200 million from owner TDR Capital LLP as part of a deal that would reduce its debt pile, said people familiar with the matter. An agreement could be reached as soon as this week, according to the people. Representatives for Stonegate and TDR declined to comment when contacted by Bloomberg News.
Those notes are currently quoted at 99 pence on the sterling, compared with less than 92 pence in late 2023, according to Bloomberg pricing. The automotive software market is estimated to be valued at US$ 16.08 Bn in 2024 and is expected to exhibit a CAGR of 12.9% over the forecast period 2024-2031, as highlighted in a new report published by Coherent Market Insights. Companies covered: ATEGO SYSTEMS INC., Autonet, Blackberry, Wind River, Microsoft, ACCESS, Broadcom, Google, Green Hills Software, MontaVista Software, Mentor Graphics, Airbiquity, Texas Instruments, Adobe Systems, PTC Inc.
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