secwatch.observer — SEC 8-K summary
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Issuer:     Dave & Buster's Entertainment, Inc. (PLAY)
CIK:        0001525769
Form:       8-K
Filed at:   2024-11-04T23:59:59+00:00
Accession:  0001104659-24-113628
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dave & Buster's closes $1.35B debt refinancing; redeems 2025 notes, extends maturities to 2031
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- New $700M term loans (2024 Incremental Term B) at SOFR+3.25%, maturing Nov 1, 2031.
- Revolving credit facility upsized to $650M ($500M replacement + $150M incremental), maturing Nov 1, 2029.
- Proceeds redeem all outstanding 7.625% Senior Secured Notes due 2025 and repay ~$200M existing term loans.
- Existing revolving commitments fully refinanced; prior term loans repaid in part.
- Transaction closed Nov 1, 2024; Deutsche Bank served as administrative agent.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1525769/000110465924113628/0001104659-24-113628-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1525769/000110465924113628/tm2427069d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-113628

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