ADD EXHB 11 ex17-1.htm ADD EXHB

 

Exhibit 17.1

 

List of Subsidiary Guarantors of, and Pledged Entities with respect to, the Twin Securitization Notes

 

Twin Securitization Notes

 

In November 2024, Twin Hospitality I, LLC, which is the top tier company in the group of consolidated subsidiaries of Twin Hospitality Group Inc., sold and issued, through a private offering pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended, the following four tranches of fixed rate secured notes (collectively, the “Twin Securitization Notes”):

 

Class  Seniority 

Principal

Balance

   Coupon   Anticipated
Repayment Date
  Final Legal Maturity Date
A-2-I  Super Senior  $12,124,000    9.00%  10/25/2027  10/26/2054
A-2-II  Senior  $269,257,000    9.00%  10/25/2027  10/26/2054
B-2  Senior Subordinated  $57,619,000    10.00%  10/25/2027  10/26/2054
M-2  Subordinated  $77,711,000    11.00%  10/25/2027  10/26/2054

 

Subsidiary Guarantors of, and Pledged Entities with respect to, the Twin Securitization Notes

 

TP Franchise Austin, LLC
  
TP Franchise Round Rock, LLC
  
TP Franchise Venture I, LLC
  
TP Texas Beverages, LLC
  
TPJV2, LLC
  
Twin Peaks Buyer, LLC
  
Twin Restaurant, LLC
  
Twin Restaurant Amarillo, LLC
  
Twin Restaurant Amarillo Beverage Holding, LLC
  
Twin Restaurant Amarillo Management, LLC
  
Twin Restaurant Beverage - Texas, LLC
  
Twin Restaurant Beverage Holding, LLC
  
Twin Restaurant Brandon, LLC
  
Twin Restaurant Broomfield, LLC
  
Twin Restaurant Burleson, LLC
  
Twin Restaurant Burleson Beverage Holding, LLC
  
Twin Restaurant Burleson Management, LLC
  
Twin Restaurant Centennial, LLC
  
Twin Restaurant Denver, LLC (CO)
  
Twin Restaurant Denver, LLC (TX)
  
Twin Restaurant Development, LLC

 

1
 

 

Twin Restaurant El Paso, LLC
  
Twin Restaurant EL Paso Beverage Holding, LLC
  
Twin Restaurant FL Payroll, LLC
  
Twin Restaurant Franchise, LLC
  
Twin Restaurant Frisco, LLC
  
Twin Restaurant Grand Prairie, LLC
  
Twin Restaurant Grand Prairie Beverage Holding, LLC
  
Twin Restaurant Grand Prairie Management, LLC
  
Twin Restaurant Holding, LLC
  
Twin Restaurant International Franchise, LLC
  
Twin Restaurant Investment Company, LLC
  
Twin Restaurant Investment Company II, LLC
  
Twin Restaurant IP, LLC
  
Twin Restaurant JV Management, LLC
  
Twin Restaurant Lakeland, LLC
  
Twin Restaurant Lewisville, LLC
  
Twin Restaurant Little Rock, LLC
  
Twin Restaurant Live Oak, LLC
  
Twin Restaurant Live Oak Beverage Holding, LLC
  
Twin Restaurant Live Oak Management, LLC
  
Twin Restaurant Live Oak RE, LLC
  
Twin Restaurant LV-2 LLC
  
Twin Restaurant McKinney, LLC
  
Twin Restaurant McKinney Beverage Holding, LLC
  
Twin Restaurant McKinney RE, LLC
  
Twin Restaurant Midland, LLC
  
Twin Restaurant Midland Beverage Holding, LLC
  
Twin Restaurant N Irving, LLC
  
Twin Restaurant N Irving Beverage Holding, LLC
  
Twin Restaurant Northlake, LLC
  
Twin Restaurant Oakbrook, LLC
  
Twin Restaurant Odessa, LLC
  
Twin Restaurant Odessa Beverage Holding, LLC
  
Twin Restaurant Park North, LLC

 

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Twin Restaurant Park North Beverage Holding, LLC
  
Twin Restaurant Park North Management, LLC
  
Twin Restaurant Plano, LLC
  
Twin Restaurant RE, LLC
  
Twin Restaurant S Fort Worth, LLC
  
Twin Restaurant S Fort Worth Beverage Holding, LLC
  
Twin Restaurant San Angelo, LLC
  
Twin Restaurant San Angelo Beverage Holding, LLC
  
Twin Restaurant San Angelo Management, LLC
  
Twin Restaurant San Antonio, LLC
  
Twin Restaurant San Antonio Beverage Holding, LLC
  
Twin Restaurant San Marcos, LLC
  
Twin Restaurant San Marcos Beverage Holding, LLC
  
Twin Restaurant San Marcos Management, LLC
  
Twin Restaurant Sarasota, LLC
  
Twin Restaurant Sarasota RE, LLC
  
Twin Restaurant Sunland Park, LLC
  
Twin Restaurant Sunland Park Beverage Holding, LLC
  
Twin Restaurant Terrell, LLC
  
Twin Restaurant Terrell Beverage Holding, LLC
  
Twin Restaurant Terrell RE, LLC
  
Twin Restaurant Viva Las Vegas, LLC
  
Twin Restaurant Warrenville, LLC
  
Twin Restaurant Western Center, LLC
  
Twin Restaurant Western Center Beverage Holding, LLC
  
Twin Restaurant Westover, LLC
  
Twin Restaurant Westover Beverage Holding, LLC
  
Twin Restaurant JV Holding, LLC
  
Barbeque Integrated, Inc.
  
Smokey Bones (Florida), LLC
  
GMR of Pennsylvania—SB Properties, LLC
  
Integrated Card Solutions, LLC

 

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