Krispy Kreme closes $160M credit facility, settles class action settlement

WINSTON-SALEM N.C. Krispy Kreme Doughnuts Inc. said late Friday it closed a new $160 million senior secured credit facility and that it gained approval on the proposed settlement to the securities class action lawsuit filed against the company in May 2004.

In a final judgment from the U.S. district court for the middle district of North Carolina, Krispy Kreme will give the plaintiff class 1.8 million shares of its common stock and warrants to buy 4.3 million

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