Adepressed debt market has changed the borrowing landscape substantially, giving investors, rather than operators or bankers, bigger shares of lending clout.At a time when lackluster sales and blockbuster costs are forcing many cash-strapped restaurant companies to restructure their corporate debt because of possible loan violations, the shift in power means less flexibility and more expensive capital.(To view the charts featured in this week's print issue, click here)Experts estimate that ...
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