WEN » Topics » (12) Loss on Early Extinguishment of Debt

This excerpt taken from the WEN 10-K filed Apr 3, 2006.

(12) Loss on Early Extinguishment of Debt

       In connection with the Debt Refinancing, the Company incurred a $35,809,000 loss on early extinguishment of debt during 2005 which consisted of the following (in thousands):

       

Prepayment penalties

     $ 27,414  
       

Write-off of previously unamortized deferred financing costs and original issue discount

       4,772  
       

Accelerated insurance payments related to the extinguished debt

       3,555  
       

Fees

       68  
          
 
       

     $ 35,809  
          
 
       

       

116


Triarc Companies, Inc. and Subsidiaries
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—CONTINUED
January 1, 2006

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