Retail
Red Robin Refinances Into a $115 Million Credit Facility After Selling 108 Company Restaurants
The burger chain's 8-K shows a five-year facility maturing in 2031 at SOFR plus 275 to 350 basis points, funded alongside roughly $96 million of expected refranchising proceeds.
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By Dana Whitfield
Oct 6, 2026 · 2 min read
Red Robin Gourmet Burgers told the Securities and Exchange Commission on Monday that it has refinanced its secured credit facility, completing the second phase of a turnaround plan built around selling company-operated restaurants to franchisees.
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Dana Whitfield
Leadership Editor
Dana reports on boards, succession and executive pay. She has interviewed more than 200 sitting chief executives.