Brinker to repay some outstanding revolver debt via new notes

By Marisa Wong

Los Angeles, June 20 – Brinker International, Inc. said it expects to repay a portion of the outstanding debt under its revolving credit facility using proceeds from an offering of new notes.

On Tuesday the company announced plans to offer $350 million of senior notes due 2030.

Remaining proceeds are expected to be used for general corporate purposes.

Brinker is a Dallas-based casual dining restaurant company.

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