---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-253492"
form_type: "8-K"
ticker: "DRI"
cik: "0000940944"
company_name: "DARDEN RESTAURANTS INC"
filed_at: "2023-10-10T23:59:59+00:00"
generated_at: "2026-06-10T03:10:07.190341+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Darden issues $500M 6.300% Senior Notes due 2033; repays Term Loan from Ruth's Chris buy

## Summary
- Issued $500M aggregate principal of 6.300% Senior Notes due Oct 10, 2033; interest paid semi-annually.
- Net proceeds plus cash used to repay $600M floating-rate Term Loan (due 2026) from Ruth's Hospitality acquisition.
- Term Loan terminated and commitments canceled; affiliates of underwriters received >5% of net proceeds.
- Notes are senior unsecured, rank equally with existing unsecured debt; used for general corporate purposes.

## SEC filing metadata
- accession: 0001193125-23-253492
- form_type: 8-K
- ticker: DRI
- cik: 0000940944
- company_name: DARDEN RESTAURANTS INC
- filed_at: 2023-10-10T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/940944/000119312523253492/0001193125-23-253492-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/940944/000119312523253492/d560942d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-253492
- JSON: https://secwatch.observer/filing/0001193125-23-253492.json
- Plain text: https://secwatch.observer/filing/0001193125-23-253492.txt

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