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Red Lobster completes debt refinance

The terms of the refinancing were not disclosed but involved a new term loan with Fortress Credit Corp and a working capital facility with Wells Fargo Capital Finance

By Undercurrent News | Jan. 28, 2021 17:40 GMT
A Red Lobster restaurant in New York, US. Red Lobster is owned by Thai Union Group. Credit: pisaphotography/Shutterstock.com
A Red Lobster restaurant in New York, US. Credit: pisaphotography/Shutterstock.com
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The Red Lobster Seafood Co. has completed a debt refinance, a move that could give it more financial breathing room amid the COVID-19 pandemic.  [...]

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