American fried chicken chain Church\u2019s is tapping the U.S. securitization market to raise about $250 million to refinance debt. Cajun Global LLC, a master trust associated with the fast food chain, is in the early stages of marketing a whole business securitization. The notes will be backed by cash generated from franchise agreements, royalties and intellectual property, according to Kroll Bond Rating Agency. The deal\u2019s largest class is a $250 million BBB rated offering with a weighted average life of about five years. Proceeds raised will be used to repay an existing credit facility and for transaction fees and expenses. <\/p>\n\n\n\n
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<\/a><\/figure><\/div>\n\n\n\n If you are in debt and would like to speak to an attorney, call our law office at 816-524-4949 or visit our website<\/a>. <\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" American fried chicken chain Church\u2019s is tapping the U.S. securitization market to raise about $250 million to refinance debt. Cajun Global LLC, a master trust associated with the fast food chain, is in the early stages of marketing a whole … Continue reading