secwatch.observer — SEC 8-K summary
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Issuer:     Bloomin' Brands, Inc. (BLMN)
CIK:        0001546417
Form:       8-K
Filed at:   2026-09-29T12:00:30+00:00
Accession:  0001546417-26-000035
Event type: debt
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Bloomin' Brands extends $1.2B revolver maturity to Sept 25, 2031; adds senior secured leverage covenant
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- Fourth Amended and Restated Credit Agreement signed Sept 25, 2026 extends revolver maturity to Sept 25, 2031; the $1.2B commitment amount and interest rate spreads are substantially unchanged.
- New financial covenant caps Consolidated Senior Secured Net Leverage Ratio at 3.50 to 1.00; existing Total Net Leverage Ratio limit of 4.50 to 1.00 is retained.
- Company calls the refinancing leverage neutral; CEO Mike Spanos cites 'favorable pricing and substantial liquidity' and enhanced flexibility for strategic priorities.
- Co-borrowers are Bloomin' Brands and OSI Restaurant Partners, LLC; Wells Fargo Bank, National Association serves as administrative agent.
- Facility remains guaranteed by domestic 100%-owned subsidiaries (other than the co-borrower) and secured by substantially all owned or later-acquired assets, including subsidiary capital stock.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1546417/000154641726000035/0001546417-26-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1546417/000154641726000035/blmn-20260925.htm
  HTML page:      https://secwatch.observer/filing/0001546417-26-000035

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