Uno Restaurant Holdings Corporation Announces Plan to Restructure Debt and Strengthen Balance Sheet

Recapitalization of balance sheet, via consensual agreement with majority of bondholders, will convert $142 million of senior secured notes into a controlling equity stake – Transaction to be accomplished through a ‘pre-arranged’ Chapter 11 filing – New $52 million debtor-in-possession credit facility provides financial stability throughout the reorganization process – New capital structure will provide solid footing from which to grow the Uno family of brands