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Published on 9/24/2020 in the Prospect News Bank Loan Daily.

Darden Restaurants fully repays $270 million term loan

By Taylor Fox

New York, Sept. 24 – Darden Restaurants, Inc. fully repaid its $270 million term loan on Aug. 10, according to a news release.

Darden now has access to $1.4 billion of liquidity with $655 million of cash on hand and $750 million available through its credit facility.

Darden is an Orlando, Fla.-based casual dining operator.


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