NEW YORK NexCen Brands Inc., parent of Maggie Moo's and other quick-service brands, said it has entered into an agreement with its lender that gives it short-term access to cash in order to continue operating as it works on restructuring the terms of its loan. Last month, NexCen had revealed that it faced a liquidity crisis that raised “substantial doubt about the company’s ability to continue as a going concern.” The cash shortfall is related to its $93.7 million purchase of Great ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Questions about your account or how to access content?