Encanto Restaurants reported total debt of $123.9 million, which is four times its total assets valued at $29.8 million. [1]
Encanto Restaurants voluntarily filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the District of Puerto Rico. [2] Over 2000 employees lost jobs following the closure of most Encanto restaurant operations across Puerto Rico. [3] All KFC, Taco Bell, Pizza Hut locations operated by Encanto Restaurants closed on 2 November 2026. [4]
Approximately 2700 to 3000 Puerto Rican workers lost employment following Encanto Restaurants' closure and bankruptcy filing. [5] Banco Popular de Puerto Rico is the largest creditor, owed $85 million under a secured lending arrangement. [6]Encanto Restaurants reportó una deuda total de $123.9 millones, lo que equivale a cuatro veces sus activos totales valorados en $29.8 millones. [1]
Encanto Restaurants se acogió voluntariamente a la quiebra bajo el Capítulo 11 en la Corte de Quiebras de Estados Unidos para el Distrito de Puerto Rico. [2] Más de 2000 empleados perdieron sus trabajos tras el cierre de la mayoría de las operaciones de los restaurantes Encanto en todo Puerto Rico. [3] Todos los locales de KFC, Taco Bell y Pizza Hut operados por Encanto Restaurants cerraron el 2 de noviembre de 2026. [4]
Aproximadamente 2700 a 3000 trabajadores puertorriqueños perdieron su empleo tras el cierre y la solicitud de quiebra de Encanto Restaurants. [5] Banco Popular de Puerto Rico es el acreedor más grande, al que se le adeudan $85 millones bajo un acuerdo de préstamo garantizado. [6]
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What this stands on
Encanto Restaurants reported total debt of $123.9 million, which is four times its total assets valued at $29.8 million. · NotiCel - La verdad como es - Noticias de Puerto Rico - NOTICEL -
Encanto Restaurants voluntarily filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the District of Puerto Rico. · NotiCel - La verdad como es - Noticias de Puerto Rico - NOTICEL -
Over 2000 employees lost jobs following the closure of most Encanto restaurant operations across Puerto Rico. · Caribbean Business
All KFC, Taco Bell, Pizza Hut locations operated by Encanto Restaurants closed on 2 November 2026. · NotiCel - La verdad como es - Noticias de Puerto Rico - NOTICEL -
Approximately 2700 to 3000 Puerto Rican workers lost employment following Encanto Restaurants' closure and bankruptcy filing. · NotiCel - La verdad como es - Noticias de Puerto Rico - NOTICEL -
Banco Popular de Puerto Rico is the largest creditor, owed $85 million under a secured lending arrangement. · Caribbean Business
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