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Carrols Restaurant retires $2 million 9% notes
By Jennifer Chiou
New York, Aug. 6 - Carrols Restaurant Group, Inc. purchased and retired $2 million of its 9% senior subordinated notes due 2013 for $1.8 million during the first six months of 2008, according to a 10-Q filing with the Securities and Exchange Commission.
The buyback took place in an open-market transaction.
Carrols is a Syracuse, N.Y.-based restaurant company that operates Burger King, Taco Cabana and Pollo Tropical restaurants.
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