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DineEquity redeems its $2,200 of series A perpetual preferreds
By Melissa Kory
Cleveland, Nov. 15 - DineEquity, Inc. redeemed its outstanding $2,200 of series A perpetual preferred stock on Monday, according to an 8-K filing with the Securities and Exchange Commission.
The 2,200 shares, par value $1 per share, were redeemed at 104% of par plus accrued dividends up to but excluding the redemption date.
DineEquity is the Glendale, Calif.-based owner of Applebee's Neighborhood Grill & Bar and IHOP Restaurants.
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