Fast Food Restaurant Raising Cane’s to Borrow $500 Million From Junk-Bond Market

📆 10/30/2023 2:54 PM
📰 BNNBloomberg

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Raising Cane’s Restaurants LLC, a fast-food restaurant known for its chicken fingers, plans to borrow $500 million from the junk-bond market to refinance its debt, becoming the latest eatery looking to address its upcoming maturities.

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