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Published on 8/4/2008 in the Prospect News Bank Loan Daily.

Caribbean Restaurants to repay term loan with bond proceeds

By Sara Rosenberg and Paul A. Harris

New York, Aug. 4 - Caribbean Restaurants LLC is planning on refinancing its term loan due June 30, 2009 using proceeds from a $149 million senior secured notes offering, according to a market source.

Caribbean Restaurants is a Cataņo, Puerto Rico-based operator of Burger King restaurants in Puerto Rico.


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