No would-be buyers have stepped forward to purchase Chuck E. Cheese and Peter Piper Pizza parent CEC Entertainment in a pandemic-driven bankruptcy, prompting attorneys for the Texas-based chain to pivot to a debt-for-equity swap with existing lenders to get out of a situation more U.S. restaurants are facing.
Chuck E. Cheese's Parent Joins Other National Eateries Facing Fewer Funding Options
Bankruptcy Judge Approves $200 Million in Financing
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In