O’Charley’s closes $45M credit facility

NASHVILLE Tenn. O’Charley’s Inc. said Wednesday it has amended its revolving credit facility that was set to expire next year, reducing the amount to $45 million, extending its maturity and changing covenants for additional flexibility.

The operator or franchisor of 372 restaurants under such casual-dining brands as O’Charley’s, Stoney River Legendary Steaks and Ninety Nine Restaurants, O’Charley’s closed the deal with Bank of America, Regions Bank and Wells Fargo

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