Getting your player ready...
Quiznos has reached an agreement with lenders and equity partners, the sandwich chain said Friday.
The Denver-based company looks “forward to continuing to work constructively together to establish a framework that will position Quiznos and our franchisees for future growth and success,” according to a e-mailed statement.
The Wall Street Journal reported Thursday that Quiznos is struggling with its two-year-old turnaround and seeking concessions from creditors owed almost $600 million.
Elizabeth Sapp, a spokeswoman for the company, declined to comment beyond the statement.
