FRANCHISE GROUP REACHES AGREEMENT WITH FIRST LIEN ...
Franchise Group Reaches Agreement with First Lien Lenders to ...
Share this article ... DELAWARE, Ohio, Nov. 3, 2024 /PRNewswire/ -- Franchise Group, Inc. ... To implement the agreed-upon restructuring, FRG, its ...
Vitamin Shoppe owner Franchise Group files for bankruptcy
As part of the agreement, the first-lien lenders have committed $250 million in debtor-in-possession financing, according to a company news ...
FRANCHISE GROUP REACHES AGREEMENT WITH FIRST LIEN ...
FRANCHISE GROUP REACHES AGREEMENT WITH FIRST LIEN LENDERS TO SUBSTANTIALLY REDUCE DEBT, ENHANCE LIQUIDITY, AND BEST POSITION PROFITABLE ...
EYE on RETAIL: Franchise Group enters Chapter 11 - HBS Dealer
... agreement with holders of approximately 80 percent of its first lien debt. As part of the deal, Franchise Group says American Freight, a ...
Franchise Group, Brand Owner Tied to B. Riley, Files for Bankruptcy
The first-lien lender group is providing a $250 million loan to fund ... Riley also said last week that it has reached an agreement to ...
AMERICAS DISTRESS DAILY: Franchise Group Files for Chapter 11
Riley Financial. Franchise has struck a restructuring deal with lenders that own most of its senior debt. That includes swapping out first lien ...
Franchise Group, with Chapter 11, plans to close 300-plus store ...
The company has entered into a restructuring support agreement with the holders of roughly 80% of its first-lien debt. That agreement calls for ...
Drowning in debt, Franchise Group files for Chapter 11
... first lien debt to strengthen capital structure. The deal will include the exchange of debt into equity in the reorganized enterprise. The ...
Vitamin Shoppe owner files for bankruptcy - Retail Dive
Franchise Group, which also runs Pet Supplies Plus and ... A restructuring support agreement with holders of some 80% of its first lien ...
Franchise Group Inc. Downgraded To 'D' On Chapter
As part of the filing, FRG entered into a restructuring support agreement ... first-lien debt into 100% of the equity in the reorganized business.
New Chapter 11 Bankruptcy - Franchise Group Inc. - PETITION
And now, as I … read through the DIP papers, at first I thought to myself, wow, these first lien lenders are really being audacious. But ...
First Squawk on X: "FRANCHISE GROUP REACHES AGREEMENT ...
FRANCHISE GROUP REACHES AGREEMENT WITH FIRST LIEN LENDERS TO SUBSTANTIALLY REDUCE DEBT, ENHANCE LIQUIDITY, AND BEST POSITION PROFITABLE ...
Franchise Group Reaches Agreement with First Lien Lenders to ...
/PRNewswire/ -- Franchise Group, Inc. ("FRG" or the "Company") today announced that it has entered into a restructuring support agreement ...
Meet The Attys Guiding Vitamin Shoppe Owner Through Ch. 11
The first-lien lenders are providing $250 million in new money ... Franchise Group, Inc. Case Number. 1:24-bk-12480. Court. Delaware ...
tm2317758-1_prem14a - none - 21.1875928s - SEC.gov
40. the First Lien Credit Agreement, dated as of March 10, 2021, among the Company, Franchise Group Newco PSP, LLC, Valor Acquisition ...
B. Riley-Backed Franchise Group Wins Brief Reprieve From Lenders
A group of first-lien debt holders agreed to waive some covenants in Franchise Group's credit agreement while tightening other protections for lenders.
Franchise Group, Inc. - Restructuring Administration Cases
FRG commenced the proceedings to implement an agreed-upon restructuring with holders of approximately 80% of its first lien debt on a comprehensive solution to ...
TSL Express Daily Articles & News | Secured Finance Network
Franchise Group Reaches Agreement with First Lien Lenders to Substantially Reduce Debt, Enhance Liquidity, and Best Position Profitable Operating Businesses ...