The Quiznos Master, owner of the Quiznos sandwich chain, hired Paul, Weiss, Rifkind, Wharton & Garrison and investment bank Moelis & Company to help it renegotiate an $850 million debt load.
Quiznos is trying to reshape its finances by asking hedge funds and other shareholders to forgive $225 million in debt in return for ownership stakes in the company, according to reports from Bloomberg and The Wall Street Journal.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
