The Wall Street Journal reported that the troubled Quiznos sandwich chain reached a debt-restructuring deal with lenders that will hand ownership of the chain to Avenue Capital Group. The deal, approved by all Quiznos creditors, keeps the chain, known for toasted subs, out of bankruptcy court. Avenue, the hedge fund run by billionaire Marc Lasry, and former employer of Chelsea Clinton, will invest $150 million in Quiznos as part of the deal, and convert some debt to equity. Avenue will own more than 70% of the chain.