Restaurants & Bars
Whitbread PLC:Appoints Alison Brittain as its next Chief Executive to succeed Andy Harrison effective Jan. 4.
Wendy's Co:Has agreed to issue and sell $875 million of series 2015-1 3.371 pct fixed rate senior secured notes, class a-2-i.Has agreed to issue and sell $900 million of series 2015-1 4.080 pct fixed rate senior secured notes, class a-2-ii.Has agreed to issue and sell $500 million of series 2015-1 4.497 pct fixed rate senior secured notes, class a-2-iii.Says legal final maturity date of the notes is in june of 2045.Also intends to enter into a purchase agreement under which it will issue $150 million series 2015-1 class a-1 notes.Net proceeds from expected sale of notes will be used for repayment of existing senior secured indebtedness, transaction costs associated with refinancing, and general corporate purposes, including the return of cash to shareholders.Closing of sale of notes is expected to occur on June 1.
Red Robin Gourmet Burgers Inc:Expects FY 2015 total revenue growth of 12.0 pct to 12.5 pct including comparable restaurant revenue growth of 2.5 pct to 3.0 pct.Reported revenue of $1.14 bln in FY 2014.FY 2015 revenue of $1.29 bln - Thomson Reuters I/B/E/S.
Asrapport Dining Co Ltd:To acquire 630 shares of T&S Enterprises (London) Limited, 50 shares of S.K.Y. Enterprise UK Limited, and 700 shares of Sushi Bar Atari-Ya Limited, from a Tokyo-based company that has been engaged in sale of general merchandise for business.To increase voting rights in T&S Enterprises (London) Limited to 90.0 pct from 27.0 pct, to increase voting rights in S.K.Y. Enterprise UK Limited to 71.0 pct from 21.0 pct and to increase voting rights in Sushi Bar Atari-Ya Limited to 100 pct from 30 pct.Transaction amount 701 mln yen in total (including advisory cost).Effective May 18.
PLENUS Co Ltd:To establish a 51 pct-owned subsidiary BayPOS, Inc. in U.S, in early July.New subsidiary to be engaged in development of IT system related to restaurant operation, as well as sale and maintenance of hardware and software related to the IT system.
OHSHO FOOD SERVICE CORP:Appoints Keiji Dohihara as chairman of the board, on June 26.
El Pollo Loco Holdings Inc reaffirms FY 2015 EPS and system-wide comparable restaurant sales outlook
El Pollo Loco Holdings Inc:Expects FY 2015 pro forma diluted net income per share ranging from $0.67 to $0.71.Expects FY 2015 System-wide comparable restaurant sales growth of about 3.0 pct to 5.0 pct.FY 2015 EPS of $0.70 - Thomson Reuters I/B/E/S.
Asmo Corp:To issue a year-end dividend of 1 yen per share, for the FY ended March 2015.Dividend issued to shareholders of record as of March 31.Dividend payment date June 26.Says the dividend amount was an undermined value in latest forecast disclosed on Feb. 12.
GOURMET KINEYA CO LTD:To transfer restaurant business to a new founded Osaka-based wholly owned subsidiary, which be founded on Oct. 1 and to be engaged in restaurant business, on Oct. 1.