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Fast food chain El Pollo Loco files for a $100 million IPO

June 24, 2014

El Pollo Loco Holdings, a fast food chain specializing in flame grilled chicken and other Mexican-inspired entrees, filed on Tuesday with the SEC to raise up to $100 million in an initial public offering. The Costa Mesa, CA-based company, which was founded in 1980 and booked $319 million in sales for the 12 months ended March 26, 2014, plans to list on the NASDAQ under the symbol LOCO. El Pollo Loco Holdings initially filed confidentially on April 25, 2014. Jefferies, Morgan Stanley and Baird are the joint bookrunners on the deal. No pricing terms were disclosed.