We advised Cracker Barrel Old Country Store, Inc. (Nasdaq: CBRL), the well-known chain of Old Country Store restaurant and gift stores founded in 1969 and located in 45 states, on a new $550 million revolving credit facility. The facility includes a $25 million swingline sub-facility and a $75 million letter of credit sub-facility, and also provides for a new delayed draw term loan facility in the maximum principal amount of $250 million.
$550 Million Revolving Credit Facility for Cracker Barrel Old Country Store, Inc.
$550 Million Revolving Credit Facility for Cracker Barrel Old Country Store, Inc.
We advised Cracker Barrel Old Country Store, Inc. (Nasdaq: CBRL), the well-known chain of Old Country Store restaurant and gift stores founded in 1969 and located in 45 states, on a new $550 million revolving credit facility. The facility includes a $25 million swingline sub-facility and a $75 million letter of credit sub-facility, and also provides for a new delayed draw term loan facility in the maximum principal amount of $250 million.