---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-323213"
form_type: "8-K"
ticker: "BJRI"
cik: "0001013488"
company_name: "BJs RESTAURANTS INC"
filed_at: "2021-11-08T23:59:59+00:00"
generated_at: "2026-06-28T11:13:14.935300+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# BJ's Restaurants amends credit facility to $215M, relaxes covenants, extends to Nov 2026

## Summary
- Credit facility remains at $215M, expandable to $315M; matures November 3, 2026.
- Minimum liquidity covenant eliminated; capital expenditure limits lifted; anti-cash hoarding condition removed.
- Interest rate based on BSBY plus up to 2% or Base Rate plus up to 1%; initial pricing at highest level.
- Financial covenants reset to pre-pandemic levels starting Q4 2021; fixed charge and leverage ratios on trailing four quarters.
- Facility secured by assets of BJ's and subsidiaries; continues to be guaranteed by subsidiaries.

## SEC filing metadata
- accession: 0001193125-21-323213
- form_type: 8-K
- ticker: BJRI
- cik: 0001013488
- company_name: BJs RESTAURANTS INC
- filed_at: 2021-11-08T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1013488/000119312521323213/0001193125-21-323213-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1013488/000119312521323213/d255828d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-323213
- JSON: https://secwatch.observer/filing/0001193125-21-323213.json
- Plain text: https://secwatch.observer/filing/0001193125-21-323213.txt

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