Caribbean Restaurants, LLC, Considering Options to Refinance Existing Indebtedness

NEW YORK, Jan. 18, 2012 (www.hospitalitybusinessnews.com) -- Caribbean Restaurants, LLC, the exclusive franchisee of Burger King in Puerto Rico, is considering options to refinance its existing indebtedness.   The company is currently principally owned by the private equity firm Castle Harlan which bought the company in 2004.  The Company expects to begin discussions with third parties relating to potential refinancing transactions in the near term.  The Company can provide no assurance that any refinancing transaction will occur.