O’Charley’s Inc. has competed a $105 million sale-leaseback deal for 50 O’Charley’s restaurant properties with real estate investment firm STORE Capital of Scottsdale, Ariz. The company said it will use net proceeds from the 20-year sale-leaseback deal, about $103.8 million, as well as $11.4 million in available cash to pay off long-term debt. “The impact of the two transactions will be a decrease in annual interest expense associated with the senior notes ...

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!

Questions about your account or how to access content?

Contact:BrianGalletta(813) 627-6722Brian.galletta@penton.comorEricaNamtalov(212) 204-4361Erica.Namtalov@penton.com

Already registered? here.