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Watermark

Burger chain cooks up whole biz ABS

Carl's Jr Burger 575 375
By Jennifer Kang
18 Nov 2020

Fast food franchise company CKE Restaurants Holdings priced a $400m whole business securitization several points tighter than initial pricing thoughts. With Roark Capital as its sponsor, the transaction stands out among other brands for its reliable performance and name value, sources say.

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By Jennifer Kang
18 Nov 2020