HOUSTON Luby’s Inc., operator of 127 namesake cafeterias, closed on a five-year credit agreement of up to $100 million to help fund restaurant development, investments in existing locations and expansion of its “culinary services” contract-feeding unit, the company said July 19. The company said the facility might also be used for acquisitions. It did not provide details on any pending deals.The agreement provides a $50 million revolving line of credit which the company has the ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
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?