Hooters deal supported by 'robust' structure

hooters
By Matthew Scully
14 Jul 2014

The Hooters Girls are on the road with orders to sell, but this time they’re not marketing a 'delightfully tacky yet unrefined' chicken wing special.

This week, the American chicken restaurant franchise is pledging nearly all of its revenue generating assets as collateral for a new $300m whole business securitization that it hopes to sell next week.

Hooters Restaurant Group, which last year sold $145m worth of food and goods in Florida alone, ...

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