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

(FRG), which owns brands including The Vitamin Shoppe and Pet Supplies Plus, filed for Chapter 11 bankruptcy on Sunday, unveiling a plan to ...

Franchise Group, Owner of The Vitamin Shoppe, Reaches Debt ...

THE DETAILS This RSA includes equitizing the first lien debt, effectively transferring ownership of the reorganized company to creditors, which ...

Franchise Group, with Chapter 11, plans to close 300-plus store ...

Franchise Group, parent of retailers including Vitamin Shoppe and Pet Supplies Plus, is following in the footsteps of other U.S. store ...

franchise group, inc. News & Press Releases | PR Newswire

Nov 03, 2024, 18:02 ET Franchise Group Reaches Agreement with First Lien Lenders to Substantially Reduce Debt, Enhance Liquidity, and Best Position ...

Franchise Group Reaches Agreement with First Lien... - Benzinga

Franchise Group, Brand Owner Tied to B. Riley, Files for Bankruptcy

Franchise Group said Sunday that it is entering bankruptcy with a plan backed by 80% of the holders of its first-lien debt to swap their claims ...

AMERICAS DISTRESS DAILY: Franchise Group Files for Chapter 11

Franchise has struck a restructuring deal with lenders that own most of its senior debt. That includes swapping out first lien debt for all of ...

FRANCHISE GROUP REACHES AGREEMENT WITH FIRST LIEN ...

Securities trading is offered to self-directed customers by Webull Financial LLC, a broker dealer registered with the Securities and Exchange ...

EYE on RETAIL: Franchise Group enters Chapter 11 - HBS Dealer

As part of the restructuring plan, the first lien lender group has committed $250 million in debtor-in-possession financing which, subject to ...

Vitamin Shoppe owner files for bankruptcy - Retail Dive

A restructuring support agreement with holders of some 80% of its first lien debt will convert that debt into 100% equity in the reorganized ...

B. Riley-Backed Franchise Group Prepares to File for Bankruptcy

The group of lenders now poised to take control of FRG, which are behind approximately $1 billion in first-lien loans, has been in ...

Untitled

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 ...

B. Riley-Backed Franchise Group Files for Bankruptcy

FRG said in a statement it has struck a deal with lenders that own most of its senior debt. Under the proposal, which must be approved by a ...

Meet The Attys Guiding Vitamin Shoppe Owner Through Ch. 11

Vitamin Shoppe owner Franchise Group has hired lawyers from Young Conaway and Willkie Farr to represent it in a $2 billion Chapter 11 case it ...

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 ...

Franchise Group, Owner Of Vitamin Shoppe And Other Retail ...

The first-lien lender group has also committed $250M in debtor-in-possession financing, which, along with cash on hand, the company expects will ...

B. Riley-backed Franchise Group commences bankruptcy proceedings

Under the proposal, subject to court approval, Franchise said the creditor group has committed $250 million in debtor-in-possession financing ...