NORTHBROOK, Ill.--(BUSINESS WIRE)--Pinstripes Holdings, Inc. (“Pinstripes” or the “Company”) (OTC: P...

NORTHBROOK, Ill.--(BUSINESS WIRE)--Pinstripes Holdings, Inc. (“Pinstripes” or the “Company”) (OTC: PNST), a best-in-class experiential dining and entertainment brand combining bistro, bowling, bocce and private event space, today announced that it has entered into a binding letter of intent (the “LOI”) with funds managed by Oaktree Capital Management, L.P. (“Oaktree”), an affiliate of the holders of the majority of its outstanding debt. Under the terms of the LOI, Oaktree is providing additiona.

PNST

Pinstripes Announces Letter of Intent for Strategic Recapitalization with Oaktree, Providing the Company with Additional Capital to Fund Operations and Growth

Pinstripes Holdings entered a LOI with Oaktree Capital for debt restructuring.
Oaktree Capital manages a majority of Pinstripes' outstanding debt.

pinstripes-announces-letter-of-intent-for-strategic-recapitalization-with-oaktree-providing-the-company-with-additional-capital-to-fund-operations-and-growth

Pinstripes Announces Letter of Intent for Strategic Recapitalization with Oaktree, Providing the Company with Additional Capital to Fund Operations and Growth

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