Pizza Hut’s largest franchisee may file for bankruptcy

February 21, 2020

NPC International, the largest franchisee of Pizza Hut restaurants, missed an interest payment in January that led to two downgrades of its credit rating. The Kansas-based company is considering filing for bankruptcy if it is unable to renegotiate the terms of $800 million in loans from lenders.

Recent News

China’s Property Market Boost: Stocks Surge, Copper Hits Highs

The Chinese government unveiled a comprehensive support package that has sent ripples through financial markets. This initiative includes a slew of measures aimed at stimulating housing demand and addressing the excess inventory burdening developers. The immediate impact was a significant rally in Chinese stocks and a surge in commodity prices, notably copper, which hit record highs.