Chuck E. Cheese, the restaurant chain and popular children’s party venue, is in talks with its lenders to raise money to avoid filing for bankruptcy, according to people familiar with the matter. At the same time the Irving, Texas-based food-and-games chain has also approached lenders in recent weeks to gauge their interest in providing a $200 million loan to finance a stay in bankruptcy, according to one of the people familiar with the matter.

Source: Wall Street Journal June 07, 2020 17:04 UTC