Restaurants

Burger King Corp., Ba2; probability-of-default rating: Ba3; revolver and term loans, Ba2, LGD3, 35%.

CBRL Group, Inc., Ba2; probability-of-default rating: Ba2; term loan and revolver, Ba2, LGD4, 52%; convertible notes, upgraded to Ba2 from Ba3, LGD4, 52%.

Jack in the Box, Inc., Ba2; probability-of-default rating: Ba3; revolver and term loan, upgraded to Ba1 from Ba2, LGD2, 17%.

Domino's, Inc., Ba3; probability-of-default rating: Ba3; term loans and revolver, upgraded to Ba2 from Ba3, LGD3, 36%; notes, B2, LGD5, 87%.

Landry's Restaurants, Inc., Ba3; probability-of-default rating: Ba3; revolver and term loan, upgraded to Ba1 from Ba2, LGD2, 18%; notes, upgraded to B1 from B2, LGD5, 80%.

O'Charleys, Inc., Ba3; probability-of-default rating: Ba3; revolver, upgraded to Baa3 from Ba2, LGD2, 13%; notes, B1, LGD5, 80%.

Sonic Corp., Ba3; probability-of-default rating: B1; revolver and term loan, Ba3, LGD3, 34%.

AFC Enterprises, Inc., B1; probability-of-default rating: B2; term loan and revolver, B1, LGD3, 31%.

Arby's Restaurant Group, Inc., B1; probability-of-default rating: B2; revolver and term loan, upgraded to Ba3 from B1, LGD2, 28%.

CKE Restaurants, Inc., B1; probability-of-default rating: B1; revolver and term loan, upgraded to Ba2 from B1, LGD2, 29%; convertible notes, upgraded to B3 from Caa1, LGD6, 95%.

El Pollo Loco, Inc., B1; probability-of-default rating: B2; term loan and revolver, B1, LGD3, 31%; notes, Caa1, LGD5, 71%.

Buffets Holdings, Inc., B2; probability-of-default rating: B2; revolver, term loan, letter-of-credit facility and synthetic letter-of-credit facility, upgraded to Ba2 from B1, LGD2, 16%; discount notes, Caa1, LGD6, 92%.

Caribbean Restaurants, LLC, B2; probability-of-default rating: B2; revolver and term loan, upgraded to B1 from B2, LGD3, 33%.

Carrols Corp., B2; probability-of-default rating: B2; revolver and term loan, upgraded to Ba3 from B1, LGD2, 24%; notes, Caa1, LGD5, 79%.

Dave & Busters, Inc., B2; probability-of-default rating: B2; term loan and revolver, upgraded to Ba2 from B1, LGD2, 12%; notes, B3, LGD4, 68%.

Denny's Holdings, Inc., B2; probability-of-default rating: B2; revolver and first-lien term loan, upgraded to Ba2 from B2, LGD2, 18%; second-lien term loan, upgraded to B2 from B3, LGD4, 53%; notes, Caa1, LGD5, 89%.

New World Restaurant Group, B2; probability-of-default rating: B2; term loan and revolver, upgraded to Ba2 from B2, LGD2, 20%; second-lien term loan, B3, LGD4, 65%.

NPC International, Inc., B2; probability-of-default rating: B2; revolver and term loan, upgraded to Ba3, LGD3, 30%; notes, Caa1, LGD5, 84%.

Perkins & Marie Callender's, Inc., B2; probability-of-default rating: B2; revolver and term loan, upgraded to Ba2 from B2, LGD2, 16%; notes, B3, LGD5, 72%.

Sagittarius Restaurants, B2; probability-of-default rating: B2; revolver and term loan, upgraded to Ba3 from B1, LGD2, 26%.

Volume Services America, Inc., B3; probability-of-default rating: B3; term loan and revolver, B2, LGD3, 34%.

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