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FOODMAKER, INC. ANNOUNCES PUBLIC OFFERING AND DEBT RESTRUCTURING

FOODMAKER, INC. ANNOUNCES PUBLIC OFFERING AND DEBT RESTRUCTURING
 SAN DIEGO, Calif., Nov. 27 /PRNewswire/ -- Foodmaker, Inc., the San Diego-based operator of the JACK IN THE BOX(R) and Chi-Chi's(R) restaurant chains, announced today it had filed a registration statement with the Securities and Exchange Commission with respect to the initial public offering of approximately $200 million of common stock in connection with a proposed recapitalization plan. The recapitalization plan will also include a public debt offering. The net proceeds of the offerings will be used primarily in connection with offers to purchase a portion of the company's existing debt.
 Morgan Stanley & Co. Inc., Donaldson, Lufkin & Jenrette Securities Corp. and Lehman Brothers are co-managing underwriters for the common stock offering.
 JACK IN THE BOX is a leading regional competitor in the fast food segment of the restaurant industry. Chi-Chi's is the largest chain of full-service Mexican restaurants in the United States.
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 EDITOR'S NOTE: A registration statement relating to the common stock has been filed with the Securities and Exchange Commission but has not become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
 -0- 11/27/91
 /CONTACT: Charles W. Duddles of Foodmaker, Inc., 619-571-2470/ CO: Foodmaker Inc. ST: California IN: FOD SU: OFR


AL-CH -- SD002 -- 7819 11/27/91 15:02 EST
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Publication:PR Newswire
Date:Nov 27, 1991
Words:280
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