Malmaison

Malmaison debt reduced to £180m through refinancing

Malmaison debt reduced to £180m through refinancing

By Emma Eversham

MWB the majority owner of boutique hotel chain Malmaison and Hotel du Vin, has come to an agreement with lenders to extend its £282.5m facility for Malmaison to the end of 2014, enabling it to reduce its debt to £180m.

Malmaison owner to sell and leaseback four hotels

Malmaison owner to sell and leaseback four hotels

By Emma Eversham

Malmaison owner MWB has exchanged contracts to sell and leaseback four of its hotels which it says will enable it to reduce its debt levels without affecting the future operations of the group.