Denny's International N.V.
| Company Deal | issue of $15,000,000 of subordinated guaranteed debentures due 1989 |
|---|---|
| Transaction Type | Subordinated Guaranteed Debentures |
| Deal Description | Denny's International N.V. loaned a significant portion of the proceeds from this transaction to Denny's Restaurants, Inc., to be used for general corporate purposes, including possible repayment of existing short-term obligations and the financing of the further expansion of Denny's business and operations as suitable investment and acquisition opportunities arose within and outside the United States. It was expected that Denny's or International would make available a portion of the proceeds for use in the expansion of Denny's operations in Mexico. |