September 13, 2016 / 12:18 PM / 3 years ago

BRIEF-Brinker International announces notes offering

Sept 13 (Reuters) - Brinker International Inc :

* Brinker International announces notes offering

* Says intends to offer $350 million aggregate principal amount of senior notes due 2024

* Notes will be guaranteed on a senior unsecured basis by each of company’s subsidiaries that guarantee its amended revolving credit facility

* Says net proceeds from offering of notes will be used to repurchase up to $300 million of company’s common stock

* Says net proceeds from offering also to repay up to $50 million of outstanding indebtedness under co’s revolving credit facility Source text for Eikon: Further company coverage:

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