Pub restructuring hits latest hiccup

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Pub restructuring hits latest hiccup

punch taverns 230x
A man walks past a boarded up pub for sale in west London, Monday, July 28, 2008. The iconic British pint is fast losing ground as the national drink, with a report out Monday showing beer sales in pubs slumping to their lowest level since the Great Depression. (AP Photo/Kirsty Wigglesworth) | Kirsty Wigglesworth/AP/Press Association Images

The launch of a crucial restructuring of Punch Taverns securitizations was delayed again on Monday after the pub group’s management said it needed more time to work with certain stakeholders.

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