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El Pollo Loco to pay down second-lien loan with stock IPO proceeds
By Sara Rosenberg
New York, June 24 – El Pollo Loco Holdings Inc. plans on repaying all or a portion of its second-lien term loan using proceeds from an initial public offering of common stock, according to an S-1 filed with the Securities and Exchange Commission on Tuesday.
El Pollo Loco is a Costa Mesa, Calif.-based restaurant operator.
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