Darden issues $750M senior notes (4.35%/4.55%) to fund Chuy's acquisition

DARDEN RESTAURANTS INC

Issued $400M 4.350% notes due 2027 and $350M 4.550% notes due 2029.
Proceeds to finance pending Chuy's Holdings acquisition and general corporate purposes.
2029 notes subject to special mandatory redemption at 101% if Chuy's deal not closed by Feb 17, 2025.
Terminated $600M term loan agreement with no outstanding balance upon note issuance.

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