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FAT / FAT Brands: I'm Building A Highly Speculative Position In The Preferreds

FAT Brands: I'm Building A Highly Speculative Position In The Preferreds
FAT's Series B preferred shares offer a $2.0625 annual coupon paid in monthly installments. These are currently swapping hands at a 40% discount to par value. The company's total debt position increased to $1.25 billion as of the end of its fiscal 2023 first quarter to drive quarterly interest expenses of $25 million. FAT's proposed IPO of Twin Peaks could unlock significant value and shift at least $250 million worth of debt at fair value off its balance sheet. Read More
Posted: Jun 18 2023, 09:02
Author Name: Seeking Alpha
Views: 102450

FAT News  

FAT Brands to Announce Third Quarter 2023 Financial Results On October 26, 2023

By GlobeNewsWire
October 23, 2023

FAT Brands to Announce Third Quarter 2023 Financial Results On October 26, 2023

LOS ANGELES, Oct. 23, 2023 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT) (“FAT Brands” or the “Company”), a lea more_horizontal

Here Is Why Bargain Hunters Would Love Fast-paced Mover FAT Brands Inc. (FAT)

By Zacks Investment Research
October 16, 2023

Here Is Why Bargain Hunters Would Love Fast-paced Mover FAT Brands Inc. (FAT)

FAT Brands Inc. (FAT) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at r more_horizontal

FAT Brands (FAT) Gears Up for Q3 Earnings: What's in Store?

By Zacks Investment Research
October 13, 2023

FAT Brands (FAT) Gears Up for Q3 Earnings: What's in Store?

FAT Brands' (FAT) third-quarter 2023 performance will likely benefit from strong company-owned restaurant revenues and system-wide sales growth. Yet, more_horizontal

FAT Brands' (FAT) Pretzelmaker Expands With New Openings

By Zacks Investment Research
October 12, 2023

FAT Brands' (FAT) Pretzelmaker Expands With New Openings

FAT Brands' (FAT) Pretzelmaker expands its Canadian footprint with new franchised locations. more_horizontal

FAT Brands (FAT) Expands Portfolio With Smokey Bones Acquisition

By Zacks Investment Research
September 26, 2023

FAT Brands (FAT) Expands Portfolio With Smokey Bones Acquisition

FAT Brands (FAT) expands into the barbecue dining sector with the Smokey Bones acquisition, anticipating a $10 million EBITDA boost and 61 new locatio more_horizontal

FAT Brands (FAT) Unveils Its Co-Branded Store in Happy Valley

By Zacks Investment Research
September 1, 2023

FAT Brands (FAT) Unveils Its Co-Branded Store in Happy Valley

FAT Brands (FAT) opens its first Great American Cookies and Marble Slab Creamery co-branded venue in Oregon, US. This opening marks the respective bra more_horizontal

FAT Brands, Inc. (FAT) Q2 2023 Earnings Call Transcript

By Seeking Alpha
August 5, 2023

FAT Brands, Inc. (FAT) Q2 2023 Earnings Call Transcript

FAT Brands, Inc. (NASDAQ:FAT ) Q2 2023 Earnings Conference Call August 3, 2023 4:30 PM ET Company Participants Andrew Wiederhorn - Founder and Chairma more_horizontal

FAT Brands to Announce Second Quarter 2023 Financial Results On August 3, 2023

By GlobeNewsWire
July 31, 2023

FAT Brands to Announce Second Quarter 2023 Financial Results On August 3, 2023

LOS ANGELES, July 31, 2023 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc. (NASDAQ: FAT) (“FAT Brands” or the “Company”), a lea more_horizontal


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