Addressing reports of predicted loan default, the El Pollo Loco grilled chicken chain said Wednesday a new equity infusion from its parent company will enable it to pay in full a $10.6 million principal payment due in May. A recent Bloomberg News report citing Standard & Poor’s said the Costa Mesa, Calif.-based El Pollo Loco was in danger of defaulting on an $11 million principal payment in May and a $14 million interest payment in June. As a result, Standard & Poor’s ...

Register to view this article

It’s free but we need to know a little about you to continually improve our content.

Why Register?

Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.

Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now.We promise it will only take a few minutes!

Questions about your account or how to access content?


Already registered? here.