Texas Roadhouse borrows $190 million under revolver during Q1

By Wendy Van Sickle

Columbus, Ohio, May 4 – Texas Roadhouse, Inc. increased the borrowings under its revolving credit facility by $190 million to enhance financial flexibility amid the Covid-19 pandemic.

The additional funds were drawn during the company’s first quarter of 2020, which ended on March 31, according to a news release.

Texas Roadhouse is a restaurant chain based in Louisville, Ky.

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