Loan payment

‘The toughest time’: Big loan payment looms for Red Lobster amid pandemic | Business, finance and technology

Red Lobster is facing the “toughest time” in its history during the coronavirus pandemic, CEO Kim Lopdrup said, as outside analysts worry about an impending $355 million loan that the company has to wait until next summer. The private seafood chain of more than 700 restaurants has a $380 million term loan, with more than […]