One of the largest Jack in the Box franchise operators has refinanced its existing debt with a new $91 million senior credit facility from GE Capital Franchise Finance, the lender said Tuesday. JIB Management Inc., based in Fremont, Calif., operates 216 Jack in the Box restaurants in California and Texas, as well as 29 Denny’s locations in Northern California. The new financing included a syndicated $81 million term loan and a $10 million development line of credit. A portion of ...
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Contact: Desiree Torres Desiree.Torres@penton.com