Bloomin' Brands extends revolving credit facility maturity to September 25, 2031
Bloomin' Brands Inc extended the maturity of its revolving credit facility to September 25, 2031, Reuters reported on Sept 29.
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Bloomin' Brands extends revolving credit facility to September 25, 2031
The $1.2 billion facility's commitments and pricing remained substantially unchanged; transaction is leverage neutral.
Bloomin' Brands Extends Credit Facility Maturity to 2031 Under Amended Agreement With Wells Fargo
Bloomin' Brands entered into a Fourth Amended and Restated Credit Agreement to extend the maturity of its revolving credit facility to September 25, 2031. Commitments and interest rate options remain substantially unchanged, while a new consolidated senior secured net leverage covenant was added al…