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Published on 5/12/2009 in the Prospect News Bank Loan Daily.

O'Charley's pays down all revolving credit facility borrowings during the first quarter

By Sara Rosenberg

New York, May 12 - O'Charley's Inc. repaid $23.8 million of revolving credit facility borrowings during the first quarter, according to a news release.

As a result, at the end of the quarter, the company had no drawings the revolver.

O'Charley's is a Nashville, Tenn.-based multi-concept restaurant company.


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