Tag Archives: Monarch Alternative Capital

Multi-Unit Restaurant Chains Need to Reboot Their Balance Sheets

A panel at Restaurant Finance Monitor’s Restaurant, Finance & Development Conference in Las Vegas advised that structural shifts in the restaurant industry mean that many multi-unit restaurant franchisees need to shore up their balance sheets and revisit their business models.

Monarch Acquires 10 Hotels from Eagle Hospitality as Part of Bankruptcy Process

Monarch Alternative Capital purchased 10 full-service hospitality real estate assets located in four states in the United States for a total consideration of $360 million. The properties were sold by Eagle Hospitality Real Estate Investment Trust as part of its bankruptcy process.

Pyxus Completes Restructuring, Glendon and Monarch Lead Investment in Exit Term Loan

Pyxus completed its financial restructuring, which includes a $213 million exit term loan and a $75 million exit asset based revolving facility. Glendon Capital Management and Monarch Alternative Capital are leading the investment in Pyxus’ exit term loan facility.