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Reported Earlier, The Cheesecake Factory Prices Upsized $500M 2.00% Convertible Senior Notes Due 2030

Benzinga·02/26/2025 08:03:04
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The offering size was increased from the previously announced offering size of $450,000,000 aggregate principal amount of notes. The issuance and sale of the notes are scheduled to settle on February 28, 2025, subject to customary closing conditions. The Cheesecake Factory also granted the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional $75,000,000 principal amount of notes.