| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers L > Headlines for LRI Holdings, Inc. > News item |
Logan’s Roadhouse enters grace period for April 15 interest payments
By Caroline Salls
Pittsburgh, April 15 – LRI Holdings, Inc. indirect subsidiary Logan’s Roadhouse, Inc. entered the 30-day grace period for the cash interest payments due April 15 on its 10¾% senior secured notes due 2017 and series 2015-2 senior secured notes due October 2017, according to an 8-K filed Friday with the Securities and Exchange Commission.
During the grace period, the company said it intends to continue discussions with noteholders and other stakeholders regarding strategic alternatives to improve liquidity.
Logan’s Roadhouse said it is continuing to implement operational efficiencies and its brand repositioning strategy.
In addition, LRI Holdings said it did not file its 10-KT annual report for the transition period ended Dec. 30 within the 15-day extension period following its filing of a notification of late filing on March 29.
Logan’s is a Nashville-based restaurant chain.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.