Second Cup’s international division files for creditor protection

Photo credit: Second Cup Coffee Company

Second Cup Coffee Company manages 170 stores across 20 markets and is exploring financing and restructuring options after declaring itself unable to repay a majority creditor 

Second Cup Coffee Company, the international arm of Canadian coffee chain Second Cup Café, has filed for creditor protection in Canada after disclosing it is unable to repay approximately $8.9m to majority creditor, Arbat Capital Group. 

Unlock Allegra Premium News & Insights

£29/month
Full digital access, cancel anytime.
What you get:
Curated global coffee news & independent editorial features
5THWAVE, the leading B2B coffee & hospitality magazine
Market trend data analysis powered by the latest World Coffee Portal research
In-depth interviews with CEOs, industry experts & entrepreneurs
Weekly Coffee Dose essential industry news briefing
Coffee 24/7, breaking industry news bulletins
Exclusive market infographics & data downloads
Subscribe for just £29

Already have an account? Sign In

Join 650,000+ coffee professionals worldwide.

Latest