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Published on 11/14/2023 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Nathan’s Famous calls $20 million of 6 5/8% secured notes due 2025

Chicago, Nov. 14 – Nathan’s Famous Inc. called for redemption $20 million of its $80 million outstanding 6 5/8% senior secured notes due 2025, according to an 8-K filing with the Securities and Exchange Commission.

The irrevocable notice sets a Dec. 19 redemption date.

The notes will be redeemed at par.

Prior to the redemption date, the company will deposit with U.S. Bank Trust Co., NA an amount of funds sufficient to redeem the notes, including interest to the redemption date.

The fast-food chain is based in Jericho, N.Y.


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