The Thomas Read Group is to expand after a new re-financing deal will give it around €60m to increase market share over the coming years.
Ulster Bank is providing a re-financing facility to the Dublin pub group.
TRG is also planning further expansion into different market segments over the next three years, it said today.
Thomas Read owns a portfolio of bars in Dublin including Bodega, Searsons, The Bailey, Pravda, the Globe and Ri-Ra.
The refinancing follows the development and acquisitions of The Champagne Bar and The Winding Stair along with development of the new Tulfarris Hotel & Golf Resort.
Colin Motyer of Ulster Bank said today that the licensing sector is an increasing area of business for the bank.
