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Prospect News home > News index > List of issuers Tenders > Headlines for 2011 > News item
Published on 6/14/2011 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

CKE Restaurants calls $40 million of 11 3/8% notes due 2018 at 103

By Angela McDaniels

Tacoma, Wash., June 14 - CKE Restaurants, Inc. will redeem $40 million of its 11 3/8% senior secured second-lien notes due 2018 on July 15, according to a company news release.

The redemption price is 103.

Following the redemption, $560 million of the notes will remain outstanding.

Wells Fargo Bank, NA is the trustee and paying agent.

CKE Restaurants is a Carpinteria, Calif.-based owner of Carl's Jr. and Hardee's quick-service restaurant chains.


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