Cracker Barrel Old Country Story Inc. has entered into a five-year $750 million credit facility to garner greater financial flexibility, the company said Monday. The multi-bank refinancing is comprised of a $250 million term loan and a $500 million revolving line of credit, the Lebanon, Tenn.-based company said. Cracker Barrel operates 603 family-dining restaurants in 42 states. “It’s a deal that extends the maturity on all of the company’s borrowings,” Cracker ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
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!