Bristol to see new-concept bakery

first_imgAn experienced restaurant duo are to open a new-concept bakery in Bristol. Steven Whibley, formerly of Le Pain Quotidien and Gail’s Bakery, and Troels Bendix of Breads Etcetera and The Hungry Guest, have spearheaded Pinkmans bakery.It will open in October in a prime restaurant site at the top of Bristol’s Park Street, in the place of Café Rouge and Flavour Sensation. Pinkmans will be a fully licensed bakery café serving breads, pizza, coffee and cake to take away and eat in through the day and evening.Whibley, founder, said: “We are delighted to be opening Pinkmans here in beautiful Bristol and are very much looking forward to becoming part of the great quality food and baking scene that is burgeoning here and in the south west.“Great bread is not about nostalgia and yesterday, it is a food for now and for the future – and we intend to have a lot of fun making, baking and serving it here.”The letting was transacted by leisure property specialists Fleurets on behalf of the vendor and Pinkmans was represented by Clear River.Kevin Conibear, an associate at Fleurets, said: “The Pinkmans concept is the ideal addition to Bristol’s rich leisure scene, a city which continues to attract innovative, independent brands, in addition to more recognised names, which is creating significant competition for high footfall locations.“The property was under offer within days of going to the market, further highlighting Bristol’s popularity and demand for the city.”last_img read more

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PIL seeks debt payment delay, launches investment talks with Tamasek unit

first_imgThe company has been on a cost-cutting mission for a while now, having announced several vessel sales and rationalizations of service offerings. PIL Sells Liner Shipping Business to Neptune Talks with remaining lenders that represent 2.4% of the company’s debt remain in progress. One of the lenders had sent PIL a letter dated May 11, 2020, demanding the repayment of $12 million within 10 business days. PIL revealed in a stock exchange filing that it has obtained the in-principle approval of a majority of the financial lenders, accounting for the 97.6 percent of the company’s debt, for a deferral of principal and interest payment until December 31, 2020, and a formal standstill on enforcement actions until the end of 2020 or until a formal debt repayment-profiling agreement is reached. Singapore-listed Pacific International Lines (PIL) has launched talks with its lenders on a debt re-profiling plan aimed at mitigating the financial strain on the company’s operations severely impacted by the COVID-19 pandemic. However, PIL said that despite these efforts, the “persistent COVID-19 pandemic has caused the situation to worsen over the past month”. Evercore Asia (Singapore) Pte, which advises PIL on its capital raising alternatives, is in talks with Heliconia. Image Credit PIL The exclusive talks are in a preliminary stage and there are no guarantees a deal would be struck, PIL said. Posted: 6 months ago Business & Finance Categories: Separately, PIL revealed that it has entered into an agreement with Heliconia Capital Management Pte, an investment firm owned by Temasek Holdings, in relation to a potential investment. What is more, the company said that it may default on the payment on the principal amount of SG$60 million ($42.37 million) of bonds that are due later this year. Posted: 6 months agolast_img read more

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FF B&H following the Practice of UEFA: Stop Racism and Nationalism!

first_imgCompetition in the BH Telecom Premier League of B&H is to continue this weekend and the Football Federation of B&H, together with the clubs, will participate in a campaign of support to the prevention of racism and nationalism at the stadiums.On the occasion of this campaign, the director of the sector for competition Elmir Pilav said that the FF of B&H is following the practice of UEFA, and joining the fight against racism and nationalism in cooperation with the clubs in the elite BH competition.“Within this campaign, prior to the matches of the 13th round the players and referees will run onto the field in shirts and with a banner saying ‘Football family of B&H united in the fight against racism and nationalism’. As a socially responsible organization we will always support such and similar campaigns, hoping that there will be less and less improper situations on the field and out of it”, Pilav said.(Source: novovrijeme.ba)last_img read more

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