Restaurant Supplier TriMark USA Seeks Debt Extension, New Money

Restaurant supplier TriMark USA LLC is seeking to strike a deal with lenders to extend its maturities while also looking to raise up to $300 million in lower-ranking debt, according to people with knowledge of the matter.

Investment bank Houlihan Lokey Inc. is working to raise funds for the company, which is owned by private equity firms Centerbridge Partners and Blackstone Inc., said the people who asked not to be named because the matter is private.

At the same time, lenders are in talks with the company about extending maturities due next year, the people said. Certain lenders have ...