Cracker Barrel (CBRL) PT Raised to $178 at Truist Securities, Convertible Note Adds Value
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Cracker Barrel Announces Pricing Of $275 Million Private Offering Of Convertible Senior Notes Due 2026
June 16, 2021 7:00 AM EDTLEBANON, Tenn., June 16, 2021 /PRNewswire/ -- Cracker Barrel Old Country Store, Inc. ("Cracker Barrel" or the "Company") (Nasdaq: CBRL), today announced the pricing of its offering of $275 million aggregate principal amount of 0.625% convertible senior notes due 2026 (the "notes") in a private offering only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). Cracker Barrel also granted the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and... More
