Image via WikipediaTORONTO - Priszm Income Fund (TSX:QSR.UN), has withheld another payment while the owner of several Canadian KFC, Taco Bell and Pizza Hut locations continues to restructure.The company said Friday it has not paid a $2-million franchise fee to Yum! Restaurants International, which was due Wednesday.
Last month, Priszm also withheld a $975,000 interest payment on its $30-million convertible debenture, and said it was not in the position to repay a $65.6-million senior debt facility which was due at the end of the year.
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