Landry’s Restaurants Inc. said Tuesday it will offer up to $87 million in senior secured notes in a private placement to pay for part of its Bubba Gump Shrimp Co. acquisition. The $87 million, offered at 11.625 percent, would be an add-on at the same terms as the restaurant and gaming company’s previously issued notes, which carry an aggregate principal of $453.5 million, and are due in 2015. Landry’s said last month it was acquiring the 32-unit Bubba Gump Shrimp Co. ...

Register to view this article

It’s free but we need to know a little about you to continually improve our content.

Why Register?

Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.

 

Attention Print Subscribers:  While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!

Already registered? here.