Italian coffee shop operator Caffè Nero has announced that it has completed a £140m restructuring of its debt structure in order to fund its growth plans.
The group currently has a portfolio of nearly 500 stores in the UK and internationally, and currently plans to open more than 50 new outlets in the UK each year.
In addition to its UK operations, Caffè Nero is also looking to open around 40 coffee shops each year in international locations to add to its Turkish and Middle East portfolio.