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Krispy Kreme prepays about $9.3 million of term debt
By Sara Rosenberg
New York, June 4 - Krispy Kreme Doughnuts, Inc. prepaid $9.3 million of its term loan during the first quarter of fiscal 2008, according to a 10-Q filed with the Securities and Exchange Commission Monday.
Of the total, $4.3 million was from the proceeds of sales of property and equipment and $5 million was a discretionary prepayment.
Krispy Kreme is a Winston-Salem, N.C.-based branded specialty retailer of doughnuts.
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