Big news about Hooters! This famous restaurant chain is having some money trouble. They're planning to reorganize their business to fix their debts. It's like when you need to organize your toys to make more space!
- Hooters is facing debt problems.
- They're working with lawyers to fix things.
- They might need to close some locations.
- Many restaurants are struggling because food prices are high.
| Fact | Number |
|---|---|
| Amount of asset-backed bonds sold in 2021 | $300 million |
| Restaurant price increase since 2015 | 44% |
| Grocery price increase since 2015 | 26% |
