Slug and Lettuce owner plans debt issue as UK pubs set to reopen - sources
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LONDON (Reuters) - Slug & Lettuce owner Stonegate is set to raise money via a high-yield debt issue in the coming weeks to help to finance the purchase of larger rival Ei , two sources familiar with the situation told Reuters.The 1.3 billion pound Ei takeover - 2.97 billion pounds including debt - turned Stonegate into Britain's largest pub owner and was completed just before the COVID-19 crisis shut down the hospitality industry.But with pubs to reopen in Britain in July, Stonegate could launch..