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Prospect News home > News index > List of issuers C > Headlines for CBRL Group, Inc. > News item
Published on 6/5/2007 in the Prospect News Bank Loan Daily.

CBRL to draw on delayed-draw loan for notes repurchase

By Sara Rosenberg

New York, June 5 - CBRL Group Inc. plans to draw on its existing delayed-draw term loan to help fund the about $189 million cash payment for the repurchase of its Liquid Yield Option Notes due 2032 and senior convertible notes due 2032, according to a news release.

CBRL is a Lebanon, Tenn., operator of 559 Cracker Barrel Old Country Store restaurants and gift shops located in 41 states.


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