El Pollo Loco Plans IPO

The private-equity owners of El Pollo Loco Holdings are planning an initial public offering of shares in the quick-service chicken chain. Details of the El Pollo Loco offering, including timing, have yet to be announced. The Costa Mesa., Calif., chain, which specializes in flame-grilled chicken and Mexican entrees, operates about 400 company-owned and franchised stores in Arizona, California, Nevada, Texas and Utah.