Category: Uncategorised

Travelodge to propose CVA

Just last month, Travelodge hit the news for looking at a CVA again. Today we are told that a CVA is to be unveiled which includes a new commitment from shareholders to inject up to £40m of new equity. The borrowing capacity has been increased to £100m, compared to the £60m initial amount.   An […]

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Carluccio to be bought

Just over a month since the last news hit the media about the state of Carluccio’s administration and we hear of a promising deal in the line-up for the struggling high street restaurant chain. The owner of the Giraffe restaurant chain, Boparan Restaurants, led by tycoon Ranjit Boparan, is said to be making a deal to […]

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