Fat Brands risks bankruptcy as lenders demand payment on $1.3B debt
Yahoo Finance·2025-11-24 18:27
This story was originally published on Restaurant Dive. To receive daily news and insights, subscribe to our free daily Restaurant Dive newsletter. Dive Brief: Fat Brands’ creditors declared the restaurant company’s $1.3 billion in debt due in full, immediately, according to a filing with the Securities and Exchange Commission, pushing the company closer to bankruptcy. The creditors declaration covers debt owed by Fat and four of its subsidiaries. The company does not have the cash on hand needed to pay ...