---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-135297"
form_type: "8-K"
ticker: "DIN"
cik: "0000049754"
company_name: "Dine Brands Global, Inc."
filed_at: "2025-06-05T23:59:59+00:00"
generated_at: "2026-05-19T23:10:33.580727+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Dine Brands prices $600M 6.720% securitized notes to refinance existing debt

## Summary
- Co-Issuers issue $600M Series 2025-1 Class A-2 Notes at 6.720% fixed rate, expected 5-year term.
- Net proceeds to repay ~$594M outstanding Series 2019-1 Refinancing Notes and replace Series 2022-1 Variable Funding Notes.
- Closing expected June 17, 2025 subject to conditions; notes sold in private placement to QIBs and offshore.
- Notes secured by substantially all Applebee's & IHOP domestic franchising, rental and financing assets.

## SEC filing metadata
- accession: 0001193125-25-135297
- form_type: 8-K
- ticker: DIN
- cik: 0000049754
- company_name: Dine Brands Global, Inc.
- filed_at: 2025-06-05T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/49754/000119312525135297/0001193125-25-135297-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/49754/000119312525135297/d36948d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-135297
- JSON: https://secwatch.observer/filing/0001193125-25-135297.json
- Plain text: https://secwatch.observer/filing/0001193125-25-135297.txt

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