---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-262835"
form_type: "8-K"
ticker: null
cik: "0000852772"
company_name: "DENNY'S Corp"
filed_at: "2025-11-03T23:59:59+00:00"
generated_at: "2026-05-17T01:01:09.025579+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Denny's amends credit facility: capacity cut to $325M, maturity extended, dividends banned

## Summary
- Revolving credit facility reduced from $400M to $325M; accordion feature to increase to $450M removed.
- Maturity date extended to January 29, 2027.
- Company prohibited from paying dividends and repurchasing shares as long as amendment in effect.
- Investment and asset sale restrictions added; limited to $5M outstanding for certain investments.
- Non-recurring fees/costs related to debt refinancing may be added back to EBITDA.

## SEC filing metadata
- accession: 0001193125-25-262835
- form_type: 8-K
- cik: 0000852772
- company_name: DENNY'S Corp
- filed_at: 2025-11-03T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/852772/000119312525262835/0001193125-25-262835-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/852772/000119312525262835/d40219d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-262835
- JSON: https://secwatch.observer/filing/0001193125-25-262835.json
- Plain text: https://secwatch.observer/filing/0001193125-25-262835.txt

## Key facts
- Debt Financings
  DENNY'S Corp amended credit facility of $400 million to $325 million with Wells Fargo Bank, National Association maturing January 29, 2027.
  - Instrument: credit facility
  - Principal: $400 million to $325 million
  - Counterparty: Wells Fargo Bank, National Association
  - Maturity: January 29, 2027
  - Event: amendment
  source text: (1) extends the maturity date of the Company’s credit facility to January 29, 2027, (2) removes the accordion feature, which had permitted the Company to increase the size of the credit facility from $400 million to $450 million, and (3) reduces the capacity of the credit facility from $400 million to $325 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/852772/000119312525262835/0001193125-25-262835-index.htm

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