Friday, July 29, 2011

Real Mex continues to generate substantial earnings, certain above-market leases and the soft economy slow our headway

Real Mex Restructuring Corporate Finances. Real Mex Restaurants, Inc. today announced that it has reached an agreement with lenders to waive and amend certain covenants as it works to revise its corporate capital structure. The company also reported that it made a $9.1 million interest payment due this month. An affiliate of Sun Capital Partners provided additional liquidity as part of the ongoing restructuring process.

Click here for more details
www.businesswire.com/news/home/20110728007192/en/Real-Mex-Restructuring-Corporate-Finances

No comments:

Post a Comment