Burger King to Help Franchisees Restructure
Miami–Burger King Corp. has launched a financial restructuring initiative to address the financial challenges of the fast-food chain’s financially distressed franchisee operations. The company wants the initiative to help franchisees with short-term liquidity, the ability to meet franchisee obligations and the need to reinvest in their business. In the restructuring, Burger King said Trinity Capital will act as a neutral third party and negotiate the quickest possible resolution among the franchisees, lenders and Burger King Corp. –South Florida Business Journal
Miami–Burger King Corp. has launched a financial restructuring initiative to address the financial challenges of the fast-food chain’s financially distressed franchisee operations. The company wants the initiative to help franchisees with short-term liquidity, the ability to meet franchisee obligations and the need to reinvest in their business. In the restructuring, Burger King said Trinity Capital will act as a neutral third party and negotiate the quickest possible resolution among the franchisees, lenders and Burger King Corp. –South Florida Business Journal
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