Noble Roman's, Inc. announced a significant agreement with Corbel Capital Partners to extend its senior lending facility to June 30, 2026. This extension provides the company with over a year of additional time to address its debt obligations.
The company stated that this longer-term extension is in the best interest of all equity stakeholders, allowing for a deliberate pursuit of the best possible terms for new financing. This move alleviates immediate pressure regarding the senior debt maturity.
This extension is a critical development for Noble Roman's financial health, providing stability in the current economic environment. It allows management to focus on operational growth while continuing efforts to secure new, long-term financing for its debt structure.
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