GE Capital Lends $80M To Taco Bell Franchisee

Law360, New York (March 10, 2014, 3:49 PM EDT) -- A General Electric company subsidiary is loaning $80 million to Taco Bell franchisee BurgerBusters Inc. to refinance its debt and purchase some of its restaurant locations, the companies said Monday.

GE Capital, Franchise Finance is loaning the senior debt to Virginia Beach, Va.-headquartered BurgerBusters, which operates 83 Taco Bell locations. The company plans to use the loan proceeds to purchase some of its Taco Bell restaurants.

BurgerBusters operates several Yum! Brands fast-food franchises including Taco Bell-KFC and Taco Bell-Pizza Hut, in addition to several Steak ’n...
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