Wendy's closes $500M securitization; guides FY2022 adj EPS $0.82-$0.86; boosts buyback to $250M

Wendy's Co

Issued $100M 4.236% Class A-2-I notes (ant. repayment Mar 2029) and $400M 4.535% Class A-2-II notes (ant. repayment Mar 2032).
FY2022 guidance: adjusted EPS $0.82-$0.86, cash from ops $305M-$325M, free cash flow $215M-$225M.
Board increased share repurchase authorization by $150M to $250M, expiring February 2023.
Net proceeds for general corporate purposes including growth initiatives, return of capital, and debt retirement.
Collateral includes franchise agreements, real estate, and intellectual property; legal final maturity March 2052.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.