Denny's obtains $300 million credit facility

Denny's Corp. said Friday it has secured a $300 million credit facility as part of the amendment and restatement of its existing senior secured credit facilities.

The $300 facility consists of a $50 million, five-year senior secured revolver and a $250 million, six-year senior secured term loan. Denny's said the new facility would provide it with increased financial flexibility and allow it to pay down debt.

“The amended and restated facility is a testament

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