SCOTTSDALE Ariz. P.F. Chang’s China Bistro Inc. entered into a six- year, $150 million credit agreement this month, of which it used $15 million to repay the outstanding balance on its previous credit facility. The company said in securities filings that it planned to use the remaining $135 million to fund share repurchases; to support standby letters of credit, which are generally required by insurance companies for workers’ compensation and self-insurance programs; and for general ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
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!
Questions about your account or how to access content?