Largest BK franchisee announces $185M new credit arrangement

SYRACUSE N.Y. Citing more favorable interest rates and needed capital to fund expansion, Carrols Restaurant Group Inc. said Monday it entered into a new $185 million credit facility.

The funds will be used to repay all outstanding debt under the company's former credit facility and to "provide [Carrols] with the flexibility to fund the capital needs of [its] growing business," the company said in a statement.

Carrols is the largest Burger King

Register to view the full article

Register to view this article

TAGS: Finance
Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.