HOUSTON Landry’s Restaurants Inc. is seeking new financing to replace its current credit agreement and outstanding 7.5-percent unsecured notes that total $400 million because a delay in filing financial statements led the majority of the company’s note holders and the trustee, U.S. Bank, to call for immediate payment of the unpaid principal and interest, the company reported Wednesday. Landry’s said it believed it would be able to refinance the debt, but that “the recent tightening ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
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?