Consumer
Twin Peaks Owner, Creditors Tap Advisers for Debt Talks
Fatburger signage at the company's outlet in Karachi, Pakistan.
Photographer: Asim Hafeez/Bloomberg
Restaurant chain owner FAT Brands Inc. and its creditors are working with advisers to discuss a potential restructuring of its roughly $1.2 billion of whole business securitization debt, according to people with knowledge of the discussions.
FAT Brands is getting advice from GLC Advisors & Co. while the creditors huddle with investment bank Houlihan Lokey Inc., said the people, who asked not to be named discussing private developments.