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Frankie & Benny's owner to raise 175 mln pounds as pandemic curbs bite

March 10 (Reuters) - Restaurant Group said on Wednesday it was planning to raise 175 million pounds ($242.71 million) as the Frankie & Benny’s owner grapples with restaurant closures due to Britain’s latest round of lockdowns.

The company said its near-term outlook remains uncertain due to the coronavirus-led restrictions on the hospitality industry. ($1 = 0.7210 pounds) (Reporting by Tanishaa Nadkar in Bengaluru; Editing by Anil D’Silva)

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