Wendy's, Arby's parent amends credit facility

ATLANTA Wendy’s/Arby’s Group Inc. said Thursday it amended the company’s credit facility, adding Wendy’s as a co-borrower to Arby’s debt, to increase financial flexibility.

The amended credit agreement includes a senior secured term loan, due in July 2012, under which $393 million is outstanding. A $100 million senior secured revolving credit facility that expires in July 2011 also is included.

Wendy’s/Arby’s was formed late

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