$303M Applebee’s Sale-Leaseback Cuts Debt

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Last updated: June 18, 2008 09:27am

$303M Applebee’s Sale-Leaseback Cuts Debt

By Bob Howard

GLENDALE, CA-The restaurant chain’s franchor and operator, DineEquity Inc., completes a sale-leaseback of 181 company-owned locations with affiliates of Drawbridge Special Opportunities Fund.

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