---
schema_version: "secwatch.filing_event.v1"
accession: "0000703351-21-000028"
form_type: "8-K"
ticker: "EAT"
cik: "0000703351"
company_name: "BRINKER INTERNATIONAL, INC"
filed_at: "2021-08-20T23:59:59+00:00"
generated_at: "2026-06-29T08:46:32.284990+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Brinker International enters $800M secured revolving credit facility, replaces prior credit agreement

## Summary
- New $800M secured revolver matures Aug 18, 2026; proceeds to repay existing facility and for working capital.
- Interest rate: Eurodollar rate + 1.50%-2.25% or Base rate + 0.50%-1.25%, based on Debt to Cash Flow ratio.
- Financial covenant: max Debt to Cash Flow ratio of 4.50:1 through Dec 2022, then 4.00:1 thereafter.
- Lenders include JPMorgan, BofA, Wells Fargo, Truist, MUFG, US Bank, Rabobank.
- Obligations secured by substantially all assets of Brinker and guarantors; certain exceptions for 2023 notes.

## SEC filing metadata
- accession: 0000703351-21-000028
- form_type: 8-K
- ticker: EAT
- cik: 0000703351
- company_name: BRINKER INTERNATIONAL, INC
- filed_at: 2021-08-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/703351/000070335121000028/0000703351-21-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/703351/000070335121000028/eat-20210818.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000703351-21-000028
- JSON: https://secwatch.observer/filing/0000703351-21-000028.json
- Plain text: https://secwatch.observer/filing/0000703351-21-000028.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.