Selling Pressure For Twin Hospitality As FAT Brands Hires Restructuring Advisors
2025-11-17 08:18:27 ET
Twin Hospitality ( TWNP ) is set to see downward selling pressure as FAT Brands ( FAT ), its parent company, looks set to start liquidating its large stake to address a $1.2 billion total debt burden. A minority stake in TWNP was spun out of FAT earlier this year, a move that deconsolidated around $400 million of debt from FAT but left the company with roughly 95% ownership . FAT made a third-quarter filing with the SEC on its intention to sell more TWNP shares, an event that is set against TWNP's 3-month average daily trading volume of just around 10,500 common shares, or a $35,000 total dollar amount. To be clear, FAT has had to hire a restructuring advisor, with its creditors also moving to tap the service of Houlihan Lokey ( HLI ). A restructuring will be messy, with FAT's quarterly interest expenses having expanded to $41.5 million per quarter. The company reported fiscal 2025 third-quarter revenue of $140 million , down by around $3.4 million from its year-ago comp....
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Selling Pressure For Twin Hospitality As FAT Brands Hires Restructuring Advisors
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