NEW YORK Weakened credit profiles and the sustained U.S. recession continue to make access to capital difficult and more expensive for restaurant companies, a new report from Fitch Ratings said. Those companies with maturing credit facilities or those with high levels of debt are most susceptible to challenging refinancings, defaults or possible bankruptcies. “With the exception of McDonald’s Corp., which has the strongest operating and financial fundamentals of the industry, the ...
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Contact: Desiree Torres Desiree.Torres@penton.com