9 15 Shoney Shoney NNP 15 17 ’s 's POS 18 22 Inc. Inc. NNP 23 27 said say VBD 28 30 it it PRP 31 35 will will MD 36 42 report report VB 43 44 a a DT 45 54 write-off write-off NN 55 57 of of IN 58 59 $ $ $ 59 62 2.5 2.5 CD 63 70 million million CD 70 71 , , , 72 74 or or CC 75 80 seven seven CD 81 86 cents cent NNS 87 88 a a DT 89 94 share share NN 94 95 , , , 96 99 for for IN 100 103 its its PRP$ 104 110 fourth fourth JJ 111 118 quarter quarter NN 119 124 ended end VBN 125 134 yesterday yesterday NN 134 135 . . . 136 139 The the DT 140 150 restaurant restaurant NN 151 159 operator operator NN 160 165 cited cite VBD 166 177 transaction transaction NN 178 183 costs cost NNS 184 188 from from IN 189 192 its its PRP$ 193 197 1988 1988 CD 198 214 recapitalization recapitalization NN 215 217 as as IN 218 219 a a DT 220 226 result result NN 227 229 of of IN 230 231 a a DT 232 233 $ $ $ 233 236 160 160 CD 237 244 million million CD 245 258 restructuring restructuring NN 259 261 of of IN 262 265 its its PRP$ 266 270 bank bank NN 271 275 debt debt NN 275 276 . . . 279 282 The the DT 283 292 write-off write-off NN 293 297 will will MD 298 300 be be VB 301 309 reported report VBN 310 312 as as IN 313 315 an an DT 316 329 extraordinary extraordinary JJ 330 334 item item NN 335 337 in in IN 338 341 the the DT 342 349 company company NN 349 351 ’s 's POS 352 356 1989 1989 CD 357 366 operating operating NN 367 374 results result NNS 374 375 . . . 378 380 In in IN 381 389 addition addition NN 389 390 , , , 391 394 the the DT 395 404 effective effective JJ 405 413 interest interest NN 414 418 rate rate NN 419 421 on on IN 422 425 the the DT 426 427 $ $ $ 427 430 410 410 CD 431 438 million million CD 439 441 of of IN 442 447 total total JJ 448 457 remaining remain VBG 458 462 bank bank NN 463 467 debt debt NN 468 473 after after IN 474 477 the the DT 478 491 restructuring restructuring NN 492 494 is be VBZ 495 500 10.66 10.66 CD 500 501 % % NN 501 502 . . . 503 506 The the DT 507 515 combined combined JJ 516 522 effect effect NN 523 525 of of IN 526 531 these these DT 532 539 changes change NNS 540 542 is be VBZ 543 551 expected expect VBN 552 554 to to TO 555 559 save save VB 560 563 the the DT 564 571 company company NN 572 577 about about RB 578 579 $ $ $ 579 580 4 4 CD 581 588 million million CD 589 591 in in IN 592 600 interest interest NN 601 609 expenses expense NNS 610 614 next next IN 615 619 year year NN 619 620 , , , 621 623 or or CC 624 627 six six CD 628 633 cents cent NNS 634 635 a a DT 636 641 share share NN 641 642 . . . 645 651 Shoney Shoney NNP 651 653 ’s 's POS 654 658 said say VBD 659 662 the the DT 663 669 latest late JJS 670 683 restructuring restructuring NN 684 692 affected affect VBD 693 697 bank bank NN 698 710 indebtedness indebtedness NN 711 715 that that WDT 716 719 was be VBD 720 728 incurred incur VBN 729 731 to to TO 732 739 finance finance VB 740 741 $ $ $ 741 744 585 585 CD 745 752 million million CD 753 755 of of IN 756 759 the the DT 760 767 company company NN 767 769 ’s 's POS 770 771 $ $ $ 771 774 728 728 CD 775 782 million million CD 783 799 recapitalization recapitalization NN 800 804 that that WDT 805 809 took take VBD 810 815 place place NN 816 818 in in IN 821 824 The the DT 825 832 company company NN 833 836 has have VBZ 837 841 made make VBN 842 850 payments payment NNS 851 853 of of IN 854 855 $ $ $ 855 858 175 175 CD 859 866 million million CD 867 874 against against IN 875 878 the the DT 879 887 original original JJ 888 889 $ $ $ 889 892 585 585 CD 893 900 million million CD 901 903 of of IN 904 908 bank bank NN 909 913 debt debt NN 914 922 incurred incur VBN 923 925 in in IN 926 936 connection connection NN 937 941 with with IN 942 945 the the DT 946 962 recapitalization recapitalization NN 962 963 . . . 964 969 These these DT 970 978 payments payment NNS 979 988 consisted consist VBD 989 991 of of IN 992 993 $ $ $ 993 995 54 54 CD 996 1003 million million CD 1004 1006 in in IN 1007 1016 scheduled scheduled JJ 1017 1025 payments payment NNS 1026 1029 and and CC 1030 1031 $ $ $ 1031 1034 121 121 CD 1035 1042 million million CD 1043 1045 in in IN 1046 1057 prepayments prepayment NNS 1057 1058 , , , 1059 1065 funded fund VBN 1066 1068 by by IN 1069 1070 $ $ $ 1070 1074 82.8 82.8 CD 1075 1082 million million CD 1083 1087 from from IN 1088 1097 operating operating NN 1098 1102 cash cash NN 1103 1107 flow flow NN 1107 1108 , , , 1109 1120 zero-coupon zero-coupon JJ 1121 1133 subordinated subordinated JJ 1134 1138 debt debt NN 1139 1142 and and CC 1143 1149 assets asset NNS 1150 1155 sales sale NNS 1155 1156 . . .