BJ's Restaurants Inc. Amends Credit Agreement with Bank of America and JPMorgan Chase, Extending Maturity and Modifying Terms

Reuters
06-05
BJ's Restaurants Inc. Amends Credit Agreement with Bank of America and JPMorgan Chase, Extending Maturity and Modifying Terms

BJ's Restaurants Inc. has announced the entry into a Fifth Amended and Restated Credit Agreement, effective May 30, 2025, with Bank of America, N.A., JPMorgan Chase Bank, N.A., and other lenders. This agreement amends and extends the current revolving line of credit, maintaining its principal amount at $215 million with the potential to increase to $315 million, subject to certain conditions. The agreement introduces a swingline subfacility for same-day loans up to $20 million, repayable in 10 business days, and modifies interest rates based on various financial metrics. The credit facility, secured by the company's assets, will support working capital and general corporate purposes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BJ's Restaurants Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001171843-25-003694), on June 05, 2025, and is solely responsible for the information contained therein.

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