Noble Roman’s Extends Senior Lending Facility with Corbel Capital Partners
INDIANAPOLIS, IN / ACCESS Newswire / January 30, 2025
Noble Roman’s, Inc. (OTCQB:NROM), the Indianapolis based franchisor and licensor of Noble Roman’s Pizza and Noble Roman’s Craft Pizza & Pub, announced today that the company and Corbel Capital Partners had entered into an agreement to extend the company’s senior lending facility by 60 days to April 7, 2025.
Both parties recognize it is in the best interest of all equity stakeholders to secure the best possible terms for the financial restructuring of the company, including the repayment of the Corbel loan and the subordinated debt as well as for other company purposes.
This extension provides Noble Roman’s with additional time to negotiate and finalize a financial restructuring plan that will benefit the company and its stakeholders. It also allows for more flexibility in terms of repayment schedules and overall financial management.
Noble Roman’s has been a well-known name in the pizza industry for many years, with a strong presence in both franchising and licensing. The company’s commitment to quality and innovation has helped it stand out in a competitive market.
By extending the senior lending facility with Corbel Capital Partners, Noble Roman’s is taking proactive steps to ensure its long-term financial stability and success. This decision demonstrates the company’s dedication to its stakeholders and its willingness to work towards a sustainable future.
How This Will Affect Me
As a consumer, the extension of Noble Roman’s senior lending facility may not have a direct impact on you. However, it could potentially lead to improved financial health for the company, which could result in better products and services for customers in the future.
How This Will Affect the World
While the extension of Noble Roman’s senior lending facility is a relatively small-scale financial transaction, it highlights the importance of strategic financial management in the business world. By securing the best possible terms for its financial restructuring, Noble Roman’s is setting an example for other companies on how to navigate challenging financial situations.
Conclusion
The extension of Noble Roman’s senior lending facility with Corbel Capital Partners is a positive step towards securing the company’s financial future. By working towards the best possible terms for its financial restructuring, Noble Roman’s is demonstrating its commitment to long-term sustainability and success.
