MARYVILLE Tenn. Ruby Tuesday Inc.’s lenders will give the restaurant company until April 18 to amend its debt agreements in order to avoid default, the company said Wednesday. Last month, Ruby Tuesday, which operates or franchises 944 namesake casual-dining restaurants, said it expected to break certain lending covenants, specifically its debt-to-EBITDA ratio, because of slowed sales, reduced profits and the large amount of debt on its balance sheet. In addition, the company has been ...
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?