Reorg Credit Intelligence – 9/20/2021
|September 22, 2021
Uptick in Restaurant IPOs; BJ’s, Cheesecake Factory, Red Robin Ratios Improve Ahead of Upcoming Financial Covenant Tests; Brinker, Denny’s Refinance Revolvers;
Updated Covenant Relief Timeline, Leverage Metrics
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In this issue of Reorg’s Restaurants Bi-Monthly, Our Americas Covenants experts provide an overview of credit-driven developments affecting the restaurant industry in July and August, including recent refinancings, companies with expiring covenant relief, the busy IPO market and more. Click through for our full analysis of the Restaurants industry here.
Contact: Matt Danese
mdanese@reorg.com
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