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| Prospect News home > News index > List of issuers A > Headlines for Avado Brands, Inc. > News item |
Avado makes interest payment on 9¾% notes
New York, June 26 - Avado Brands, Inc. said it made the interest payment due June 1 on its 9¾% senior notes within the 30-day grace period.
The Madison, Ga. restaurant operator added that it believes it will also be able to make the interest payment due June 15 on its 11¾% senior subordinated notes within the 30-day grace period.
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