Dhanani Group enters $500 million secured financing facility

By William Gullotti

Buffalo, N.Y., June 23 – Dhanani Group Inc. closed on a new $500 million secured financing facility via Monarch Alternative Capital LP, according to a press release on Thursday.

The five-year secured bank loan facility will provide the company with long-term capital to support its existing businesses and aid in future growth.

Dhanani Group was advised by Centerview Partners, FTI Consulting and Vinson & Elkins LLP. Akin Gump Strauss Hauer & Feld LLP was counsel to Monarch Alternative Capital.

Dhanani is a Burger King, Popeyes and La Madeleine franchisee.

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