secwatch / observer
8-K filed June 27, 2023, 7:59 PM ET ticker EAT CIK 0000703351
debt confidence high sentiment neutral materiality 0.40

BRINKER INTERNATIONAL, INC (EAT): debt financing — Brinker International issues $350M 8.250% Senior Notes due 2030 to repay revolver

BRINKER INTERNATIONAL, INC

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

BRINKER INTERNATIONAL, INC incurred senior notes of $350 million with J.P. Morgan Securities LLC at 8.250% per annum maturing July 15, 2030.

Instrument
senior notes
Principal
$350 million
Counterparty
J.P. Morgan Securities LLC
Rate
8.250% per annum
Maturity
July 15, 2030
Event
incurrence
Exact text from the filing
On June 27, 2023 (the "Closing Date"), the Company completed the issuance and sale of $350 million aggregate principal amount of the Notes in a previously announced private offering.
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

BRINKER INTERNATIONAL, INC entered into Indenture with U.S. Bank Trust Company, National Association valued at $350 million (effective 2023-06-27).

Action
entry
Agreement
notes offering
Counterparty
U.S. Bank Trust Company, National Association
Value
$350 million
Effective
2023-06-27
Exact text from the filing
The Notes were issued under the indenture, dated as of the Closing Date (the “Indenture”), by and among the Company, the Guarantors and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”).
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

BRINKER INTERNATIONAL, INC entered into Purchase Agreement with J.P. Morgan Securities LLC, on behalf of itself and the initial purchasers listed in Schedule 1 therein valued at $350 million (effective 2023-06-22).

Action
entry
Agreement
notes offering
Counterparty
J.P. Morgan Securities LLC, on behalf of itself and the initial purchasers listed in Schedule 1 therein
Value
$350 million
Effective
2023-06-22
Exact text from the filing
On June 22, 2023, Brinker International, Inc., a Delaware corporation (the “Company”), and certain of the Company’s wholly-owned subsidiaries (the “Guarantors”) entered into a Purchase Agreement (the “Purchase Agreement”) with J.P. Morgan Securities LLC, on behalf of itself and the initial purchasers listed in Schedule 1 therein, under which the Company has agreed to sell $350 million aggregate principal amount of its 8.250% Senior Notes due 2030 (the “Notes”) which will be guaranteed by the Guarantors on a senior unsecured and joint and several basis.
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8 debt financings filed in the last 30 days. Browse all debt financings →

BRINKER INTERNATIONAL, INC filing history →

Source: SEC EDGAR
accession 0000703351-23-000033
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