Slaughter and May advised the Restaurant Group on its banking facilities

Slaughter and May advised The Restaurant Group plc (“TRG”) as it obtained increased flexibility of its banking facilities. TRG accessed £50,000,000 from the Government CLBILS scheme and simultaneously agreed to amend its existing Revolving Credit Facility to, amongst other things, extend its term by 6 months and to secure a covenant waiver until June 2021.