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Prospect News home > News index > List of issuers C > Headlines for CKE Restaurants Inc. > News item
Published on 4/5/2004 in the Prospect News Bank Loan Daily.

CKE Restaurants $380 million credit facility to launch Thursday

By Sara Rosenberg

New York, April 5 - CKE Restaurants Inc. is scheduled to hold a bank meeting on Thursday for a proposed $380 million credit facility, according to a market source. BNP Paribas is the lead bank on the deal.

Of the total amount, $230 million will be institutional paper, according to the source.

Proceeds will be used to refinance existing debt.

CKE is a Santa Barbara, Calif., owner and operator of quick service restaurants.


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