---
schema_version: "secwatch.filing_event.v1"
accession: "0001171759-23-000035"
form_type: "8-K"
ticker: "RRGB"
cik: "0001171759"
company_name: "RED ROBIN GOURMET BURGERS INC"
filed_at: "2023-07-19T23:59:59+00:00"
generated_at: "2026-06-13T06:15:53.648558+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Red Robin amends credit agreement to remove $50M cap on sale-leaseback transactions

## Summary
- Removed the $50M aggregate cap on sale-leasebacks of company-owned real property.
- Net proceeds up to $50M may be reinvested in business within 360 days.
- Net proceeds exceeding $50M require mandatory prepayment of term loans.
- Prepayment premium on mandatory prepayments from excess sale-leaseback proceeds reduced to 50%.

## SEC filing metadata
- accession: 0001171759-23-000035
- form_type: 8-K
- ticker: RRGB
- cik: 0001171759
- company_name: RED ROBIN GOURMET BURGERS INC
- filed_at: 2023-07-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1171759/000117175923000035/0001171759-23-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1171759/000117175923000035/rrgb-20230717.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171759-23-000035
- JSON: https://secwatch.observer/filing/0001171759-23-000035.json
- Plain text: https://secwatch.observer/filing/0001171759-23-000035.txt

## Key facts
- Material Agreements
  RED ROBIN GOURMET BURGERS INC amended Amendment No. 1 with Fortress Credit Corp., as administrative agent and collateral agent (effective 2023-07-17).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Fortress Credit Corp., as administrative agent and collateral agent
  - Effective: 2023-07-17
  source text: On July 17, 2023, Red Robin Gourmet Burgers, Inc. (“Holdings”) and its wholly-owned subsidiary, Red Robin International, Inc. (together with Holdings and its subsidiaries, the “Company”), entered into Amendment No. 1 (the “Amendment”) to its Credit Agreement, dated as of March 4, 2022 (the “Existing Credit Agreement”), with the lenders party thereto and Fortress Credit Corp., as administrative agent and collateral agent.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1171759/000117175923000035/0001171759-23-000035-index.htm

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