The group has been evaluating the possibilities for the pub estate, which include securitisation, which would involve offering bonds with earnings based on the chain’s future income, a sale and leaseback programme or selling off the chain, which includes the Chef & Brewer pub-restaurant and Original Pub Co brands, altogether.
UK: S&N to reveal plans for pubs
UK-based brewing group, Scottish & Newcastle (S&N), is to publish its plans for its chain of more than 1,000 pubs tomorrow when it announces its year-end results.