Dave & Buster's retires $15 million 11¼% notes

By Jennifer Chiou

New York, Dec. 10 - Dave & Buster's, Inc. retired $15 million of its 11¼% senior notes due March 15, 2014 in September, according to a 10-Q filing with the Securities and Exchange Commission.

The company said that the retirement resulted in an $88,000 gain on the early extinguishment of debt and an additional expense of $429,000 related to the write-off of a pro-rata portion of the transaction costs associated with note issuance.

On March 8, 2006, the company sold $175 million of the notes.

The company is a Dallas-based operator of upscale restaurant and entertainment complexes.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.