Red Robin secures $115 million five-year credit facility led by JPMorgan Chase Bank
RRGB•Red Robin completed a refinancing on Oct. 2, 2026, replacing its prior secured credit agreement with a $115 million facility maturing Oct. 2, 2031.
1. Facility details
The facility includes a $25 million revolver and a $90 million term loan. Borrowings will repay the prior facility, cover fees, and fund working capital, capital spending and permitted acquisitions. Initial pricing is SOFR plus 325 basis points, with a range of SOFR plus 275 to 350 basis points based on leverage and no SOFR floor. JPMorgan Chase Bank is administrative agent; Texas Capital Bank is documentation agent, and U.S. Bank is joint lead arranger.
