date:Mar 18, 2014
Quiznos, one of the nation's premier quick-service restaurant chains and pioneer of the toasted sub, today announced that its senior lenders have voted overwhelmingly in favor of a pre-packaged restructuring plan that will reduce the Company's debt by more than $400 million. Quiznos files for prepackaged chapter 11 to execute financial restructuring.
The plan is intended to increase the Company's flexibility as it executes operational enhancements designed to strengthen performance, revitalize