---
schema_version: "secwatch.filing_event.v1"
accession: "0001546417-23-000134"
form_type: "8-K"
ticker: "BLMN"
cik: "0001546417"
company_name: "Bloomin' Brands, Inc."
filed_at: "2023-12-06T23:59:59+00:00"
generated_at: "2026-06-07T17:03:47.025837+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Bloomin' Brands enters $200M interest rate swaps to fix debt cost

## Summary
- Entered six interest rate swap agreements with aggregate notional of $200M on Dec 5, 2023.
- Swaps convert variable-rate debt to fixed: $100M at 4.92% through Dec 2024, $100M at 4.34% through Dec 2025.
- Post-swap, capital structure expected to be 70%-75% fixed-rate debt.
- Swaps include embedded floor of minus 0.10%, plus term SOFR adjustment and spread of 150-250 bps.

## SEC filing metadata
- accession: 0001546417-23-000134
- form_type: 8-K
- ticker: BLMN
- cik: 0001546417
- company_name: Bloomin' Brands, Inc.
- filed_at: 2023-12-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1546417/000154641723000134/0001546417-23-000134-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1546417/000154641723000134/blmn-20231205.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001546417-23-000134
- JSON: https://secwatch.observer/filing/0001546417-23-000134.json
- Plain text: https://secwatch.observer/filing/0001546417-23-000134.txt

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