debt
confidence high
sentiment neutral
materiality 0.65
Wingstop plans $250M securitized notes and new $200M variable funding facility
Wingstop Inc.
- Issues $250M new securitized notes; proceeds for fees, liquidity, general corporate purposes, possible return of capital.
- Plans new variable funding note facility with max capacity $200M, replacing existing $50M facility.
- Transaction expected to close in Q1 2022, subject to market and other conditions.
- No outstanding borrowings under existing variable facility as of February 28, 2022.