Cracker Barrel (CBRL) Old Country Store announced its intention to offer, subject to market conditions and other considerations, $275M aggregate principal amount of convertible senior notes due 2030 in a private offering only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CBRL:
- Cracker Barrel’s Earnings Call: Growth Amid Challenges
- Cracker Barrel price target raised to $64 from $63 at Truist
- Cracker Barrel price target raised to $45 from $39 at BofA
- Cracker Barrel price target raised to $55 from $50 at Loop Capital
- Cracker Barrel: Hold Rating Amid Balanced Risk-Reward and Cautious Optimism