Earlier this year, Stonegate Pub Company announced that its parent company TDR Capital was seeking to refinance a £2.5bn black hole.
The business is one of the largest pub companies in the country, now behind more than 4,500 sites including chains Be At One and Slug and Lettuce.
Back in January, GMB Union warned that the pubs the company operates, including dozens in Leeds, could be “at risk”. And this week, the Guardian reported that Stonegate was “struggling” to pay off the remaining debt mountain of £2.2bn.
In a statement released to the Yorkshire Evening Post, chief executive of Stonegate Pub Company, David McDowall, said venues were not at risk during the refinancing process.
He added that the company saw “significant increase in profitability” last year.
Mr McDowall added: “We have been very clear that we continue to work towards achieving our long-term balance sheet goals, with the successful refinancing of a portion of our estate in December marking a significant strategic step towards this.”
Here are the 17 Leeds pubs and bars owned by Stonegate Pub Company, in light of the update.
13. Moot Hall Arms
Moot Hall Arms - 11 Mill Hill, Leeds, LS1 5DQ. Photo: Pinkwhistle/Google
14. The Pack Horse
The Pack Horse - Pack Horse Yard, Briggate, Leeds, LS1 6AT. Photo: Rob Jessop/Google
15. Be At One
Be At One - 5-7 Greek St, Leeds LS1 5RW | Sharjeel Saeed/Google Photo: Sharjeel Saeed/Google
16. The Slug and Lettuce - Park Row
Slug & Lettuce - 14 Park Row, Leeds, LS1 5HU. Photo: Jonathan Gawthorpe
17. Queens Court
Queens Court - 167-168 Lower Briggate, Leeds, LS1 6LY. Photo: Torben Mauch/Google