---
schema_version: "secwatch.filing_event.v1"
accession: "0000703351-23-000033"
form_type: "8-K"
ticker: "EAT"
cik: "0000703351"
company_name: "BRINKER INTERNATIONAL, INC"
filed_at: "2023-06-27T23:59:59+00:00"
generated_at: "2026-06-13T16:38:33.861952+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Brinker International issues $350M 8.250% Senior Notes due 2030 to repay revolver

## Summary
- $350 million aggregate principal of 8.250% senior unsecured notes due July 15, 2030.
- Interest payable semi-annually starting Jan 15, 2024; notes issued at 100% of par.
- Net proceeds used to repay a portion of outstanding revolver indebtedness.
- Guaranteed by subsidiaries that guarantee the revolving credit facility on senior unsecured basis.
- Closing occurred June 27, 2023; notes sold in private placement under Rule 144A/Reg S.

## SEC filing metadata
- accession: 0000703351-23-000033
- form_type: 8-K
- ticker: EAT
- cik: 0000703351
- company_name: BRINKER INTERNATIONAL, INC
- filed_at: 2023-06-27T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/703351/000070335123000033/0000703351-23-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/703351/000070335123000033/eat-20230622.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000703351-23-000033
- JSON: https://secwatch.observer/filing/0000703351-23-000033.json
- Plain text: https://secwatch.observer/filing/0000703351-23-000033.txt

## Key facts
- Debt Financings
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/703351/000070335123000033/0000703351-23-000033-index.htm
- Material Agreements
  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
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/703351/000070335123000033/0000703351-23-000033-index.htm
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/703351/000070335123000033/0000703351-23-000033-index.htm

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