Red Robin secures USD 115 million five-year credit facility led by JPMorgan Chase Bank
Bitget2026/10/05 12:16Red Robin Gourmet Burgers completed a refinancing on Oct. 2, 2026, replacing its prior secured credit agreement. New $115 million credit facility includes a $25 million revolver, $90 million term loan, five-year maturity to Oct. 2, 2031. Borrowings will repay the prior facility, cover fees, fund working capital, capital spending, permitted acquisitions. Pricing set at SOFR + 275-350 bps based on leverage, no SOFR floor; initial rate SOFR + 325 bps. JPMorgan Chase led the facility as administrative agent; Texas Capital Bank acted as documentation agent; U.S. Bank served as joint lead arranger. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Red Robin Gourmet Burgers Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202610050815PR_NEWS_USPR_____LA63069) on October 05, 2026, and is solely responsible for the information contained therein.
- Red Robin Gourmet Burgers completed a refinancing on Oct. 2, 2026, replacing its prior secured credit agreement.
- New $115 million credit facility includes a $25 million revolver, $90 million term loan, five-year maturity to Oct. 2, 2031.
- Borrowings will repay the prior facility, cover fees, fund working capital, capital spending, permitted acquisitions.
- Pricing set at SOFR + 275-350 bps based on leverage, no SOFR floor; initial rate SOFR + 325 bps.
- JPMorgan Chase led the facility as administrative agent; Texas Capital Bank acted as documentation agent; U.S. Bank served as joint lead arranger.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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