CKE Restaurants amends loan, increasing revolver size

By Sara Rosenberg

New York, Jan. 23 -CKE Restaurants, Inc. amended its credit facility, increasing the revolver size to $250 million from $150 million, according to a company news release.

In addition, the amendment increases the aggregate amount that the company is permitted to expend for stock repurchases and dividend payments by $130 million.

CKE is a Carpinteria, Calif.-based owner, operator and franchiser of quick-service and fast-casual restaurants.

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