Reuters logo
BRIEF-Wendy's Co Announces Refinancing Transaction
November 28, 2017 / 12:36 PM / in 14 days

BRIEF-Wendy's Co Announces Refinancing Transaction

Nov 28 (Reuters) - Wendys Co:

* THE WENDY‘S COMPANY ANNOUNCES REFINANCING TRANSACTION

* WENDYS CO - ‍CONSUMMATION OF OFFERING IS SUBJECT TO MARKET AND OTHER CONDITIONS AND IS ANTICIPATED TO CLOSE IN Q1 OF 2018​

* WENDYS CO - ‍CO‘S SUBSIDIARIES INTEND TO ISSUE AT LEAST $875 MILLION OF NEW SENIOR SECURED NOTES​

* WENDYS CO -CO‘S SUBSIDIARIES ALSO INTEND TO ENTER INTO A NEW $150 MILLION VARIABLE FUNDING NOTE FACILITY, WHICH WILL REPLACE SERIES 2015-1 CLASS A-1 NOTES​

* WENDYS -SOME UNITS COMMENCED REFINANCING DEAL, CONSISTING OF REFINANCING OF PORTION OF OUTSTANDING SECURITIZATION DEBT, NEW SERIES OF SECURITIZED DEBT​

* WENDYS CO - UNITS ‍PLAN TO USE PROCEEDS FROM SALE OF SERIES 2018-1 NOTES TO REDEEM SERIES 2015-1 CLASS A-2-I NOTES Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below