Recent

% | $
Quotes you view appear here for quick access.

Carrols Restaurant Group, Inc. Message Board

  • dtejd1997 dtejd1997 Nov 29, 2012 11:52 PM Flag

    Who owns this company?

    Hey all:

    I was doing some research on TAST. They've got a lot of sales leverage, which I like.

    They got a low EV/EBIDTA ratio, which I also like.

    BUT THEN IT HIT ME OVER THE HEAD.

    They've got about $100MM in 11.25% bonds out there!!!!

    Who owns this company? I would argue it is the bond holders! They are secured vs. shareholders and they get 11.25% INTEREST. I wonder if the bonds are traded? I further wonder if they trade at a discount to par?

    Anybody know about this?

 
TAST
10.835+0.035(+0.32%)3:30 PMEDT