NASHVILLE Tenn. O’Charley’s Inc., operator or franchisor of 371 restaurants under the O’Charley’s, Ninety Nine Restaurant and Stoney River Legendary Steaks brands, said Friday it had amended its revolving credit facility to improve the company’s financial flexibility. The new terms increased the casual-dining company’s cost of capital and reduced the total amount of the facility from $100 million to $90 million.O’Charley’s agreed with its administrative agent, Wachovia Bank, and its ...
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Contact: Desiree Torres Desiree.Torres@penton.com