Atherton Capital Completes $201 Million Securitization Comprised of 15 Franchise Concepts.SAN BRUNO, Calif.--(BUSINESS WIRE)--Aug. 10, 1998-- National Franchise Lender Closes On Quick Service, Family and Casual Dining Restaurants and Automotive Services Portfolio Atherton Capital Incorporated has completed a $201 million securitized private placement consisting of 312 franchise loans originated and funded to select franchisees of Arby's, Burger King, Dairy Queen, Denny's, El Pollo Loco El Pollo Loco is a fast-food restaurant chain and Mexican grilled chicken franchise. "El Pollo Loco" is Spanish for "The Crazy Chicken". Juan Francisco Ochoa started the restaurant in Guasave, Mexico, in 1975. , IHOP, Jiffy Lube, KFC, Midas Mufflers, Papa John's Pizza Papa John's Pizza (NASDAQ: PZZA) is the third largest carryout and delivery pizza restaurant in the United States behind Pizza Hut and Domino's Pizza; it is based in Louisville, Kentucky. Papa John's slogan is "Better Ingredients, Better Pizza. , Pizza Hut, Shoneys, Sonic, Taco Bell, TGI Friday's, and Wendy's. PaineWebber placed the securities, which were collateralized by 98 fee mortgage loans, 177 first leasehold mortgage or third party lessor loans, 27 franchisor lease loans, and 10 ground leases. The Class A notes were rated triple-A by Standard and Poor's Noun 1. Standard and Poor's - a broadly based stock market index Standard and Poor's Index , Duff & Phelps and Fitch IBCA. David L. Elder, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Atherton said, "This transaction further demonstrates the market's confidence in quality pools of loans made to select franchisees of multi-unit global brands. Atherton Capital continues to deliver the loan products our customers want furthering its commitment to being a~*Q*UT U(5 )* UUu eU WT R**U UTJHjjZ*IZ U UhTTUH(H m +6/R d*kW TJ + 2* 2 H(WW-+[..$5-.V2.$V I6--YHon the Internet with Hyperlinks to your home page. URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. : http://www.businesswire.com |
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