Brief: Nathan's Famous Inc proposes offering of senior secured notes due 2025

Nathan's Famous

17/10/2017 21:10

Oct 17 (Reuters) - Nathan's Famous Inc  NATH.O  
    * Nathan's announces proposed offering of senior secured 
notes due 2025 
    * Nathan's Famous Inc - intends to offer $150.0 million 
aggregate principal amount of senior secured notes due 2025 
    * Nathan's Famous - to use net proceeds of offering to 
satisfy, discharge indenture relating to 10.000% senior secured 
notes due 2020, redeem such notes 
    * Nathan's Famous  - also to use net proceeds of notes 
offering to pay a portion of a $5.00 per share cash dividend to 
Nathan's stockholders of record 
 
Source text for Eikon:  ID:nPn3pylPba  
Further company coverage:  NATH.O  
 
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