CHICAGO--(BUSINESS WIRE)--The credit outlook for U.S. restaurants should be mainly stable in 2014, despite still weak industry fundamentals, according to a report published by Fitch Ratings. Rising shareholder demands, however, will test credit trends for the industry. Median total debt-to-operating EBITDA and total adjusted debt-to-operating EBITDAR are projected to be flat versus 2013 at 2.3x and 3.8x, respectively, for Fitch's coverage universe in 2014. However, returning cash to shareholder
Reported by Business Wire 40 minutes ago.
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