Atherton Capital Inc. completes $97 million securitization of franchise loans; national franchise lender focuses on quick service and casual dining franchises.SAN BRUNO, Calif.--(BUSINESS WIRE)--March 18, 1997--Atherton Capital Incorporated has completed a $97 million securitized private placement consisting of 144 franchise loans originated and funded to select franchisees of Burger King, 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. , Jack in the Box, KFC KFC Kentucky Fried Chicken (restaurant chain) KFC Kenya Flower Council KFC Kitchen Fresh Chicken (Kentucky Fried Chicken motto) KFC Kung Fu Cult (Cinema) KFC Kitchen Fixed Charge , Taco Bell, TGI TGI Tribunal de Grande Instance TGI Target Group Index TGI Thank God It's Friday (US restaurant chain) TGI Tracheal Gas Insufflation TGI Tumor Growth Inhibition TGI Trato Gastrointestinal (Portugese) Friday's, and Wendy's. Lehman Brothers placed the securities. The Class A notes were rated triple-A by both Standard and Poor's Noun 1. Standard and Poor's - a broadly based stock market index Standard and Poor's Index and Moody's, resulting from a CapMAC credit insurance guarantee. David L. Elder, President of Atherton said, "This transaction further demonstrates the market's increasing confidence in quality pools of loans made to select franchisees of multi-unit global brands. Atherton Capital continues its commitment to being the leading sources for franchise capital." Atherton Capital Incorporated, a San Francisco Bay Area “Bay Area” redirects here. For other uses, see Bay Area (disambiguation). The San Francisco Bay Area, colloquially known as the Bay Area or The Bay based diversified specialty finance company, is focused on financing the complete range of growth opportunities for owners, franchisors and investors in franchise businesses including: refinancing, acquisitions, refranchising, development and construction, real estate, and equipment purchases. Atherton has provided more than $400 million in franchise financing nationwide to over 200 franchisees of quick service and casual dining restaurants, video stores and specialty retail outlets. AFC (1) (Application Foundation Classes) A class library from Microsoft that provides an application framework and graphics, graphical user interface (GUI) and multimedia routines for Java programmers. loan origination offices are located in Atlanta, Dallas, Greenwich, Los Angeles, Minneapolis, San Diego, and San Francisco. CONTACT: Atherton Capital Inc. Shannon Aleshire, 415/827-7800, x232 |
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