AMERICAS DISTRESS DAILY: TGI Friday’s Seeks Bankruptcy Financing

TGI Friday’s Inc. is seeking financing as the casual-dining chain prepares to file for bankruptcy protection in coming weeks, according to people with knowledge of its plans, after struggling to turn around a business pressured by customers’ tighter budgets and preference for faster food.

In Other News:

• Sinclair Inc. and some of its lenders have entered into confidential talks to extend debt, according to people with knowledge of the situation.
• Spirit Airlines Inc.’s shares soared after the struggling carrier reached an agreement with US Bank National Association extending a key deadline to restructure debt.
• Weeks after a chemical warehouse fire ...