WEN National Holdings
Restructuring Analysis
Through 2026-P06  |  63 Stores
Portfolio
P&L Summary
Forecast
Leases
Store Count by Year
Portfolio R12 Run Rate
Portfolio Outlook
View: Stores:
Group: Store:
Annual Sales 2024–2027e
Annual Adj Store Profit 2024–2027e
Period Detail

Configure store status and closure dates. Changes affect Forecast and Portfolio tabs.

Group: Store:
P&L Assumptions & Forecast
Forecasted P&L
Store Lease Details
Store Op. Status Lease Action Lease Term End Last Option Expiry Store Close Date Landlord Type Lease Break
Overdue Balance by Category
Balance by RemainCo / CloseCo
Top 10 Stores by Remaining Balance
Transactions
Txn # Txn Date Due Date Store Address Category Original Amt Remaining
Old Debt
Pre-restructuring obligations from debt actuals — locked as the old debt baseline
Old debt terms are locked
Lender / Facility Type Original Balance Current Balance Cumul. Interest Paid Rate (%) Maturity Notes
Restructured Debt Terms
Restructured Debt
Closing 7/1/2026; fixed terms used by P&L and Cash Flow forecasts
Locked Terms
Term Loan A
Principal
$10,000,000
Rate
7.50%
Payment
Monthly cash interest
Monthly cash interest
$62,500
Maturity
7/1/2029
Term Loan B
Principal
$26,000,000
Rate
5.00%
Payment
PIK interest only
Ending PIK balance
$30,198,278
Maturity
7/1/2029
Year A Cash Interest B PIK Interest P&L Interest Cash Interest Principal Due
2026$375,000$656,809$1,031,809$375,000$0
2027$750,000$1,363,813$2,113,813$750,000$0
2028$750,000$1,433,588$2,183,588$750,000$0
2029$375,000$744,068$1,119,068$375,000$40,198,278
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