Business Wire -- Einstein Noah Restaurant Group (NASDAQ: BAGL), a leader in the quick-casual segment of the restaurant industry operating primarily under the Einstein Bros.® Bagels, Noah’s New York Bagels®, and Manhattan Bagel® brands, today finalized the redemption schedule for its $57.0 million in Series Z Preferred stock held by Halpern, Denny & Co.. Based on a series of discussions, the Company has agreed to minimum redemption amounts and redemption dates through June 30, 2010. In addition, the Company also amended its existing senior secured credit facility to expand the options for the redemption of any remaining Series Z Preferred Stock on June 30, 2010.
