UK Pub stocks

Greene king warned last week. But prior to that Marstons had already plumbed to 52 week lows (stock). See atrached pic.

As usual, bonds appeared broadly unch as they are legaxy securitised bonds. UK funds like royallondon / invesco cant get enough of these sort of bonds. (Public info from HDS).

Names such as Punch and EIGLN have been involved in restructurings / m&a so its been dificult to tell if problems at greene king are representative of sector. ..