Jack in the Box Inc. Announces Refinancing Transaction
Jack in the Box Inc. (NASDAQ: JACK) today announced that certain of its subsidiaries intend to complete a refinancing of the company's existing senior credit facility, which is comprised of a term loan and revolving credit facility, with a new securitized financing facility.
As of April 14, 2019, $315.0 million was outstanding under the term loan, and $739.4 million was outstanding under the revolving credit facility.
The company intends to replace the senior credit facility with a n...