Cracker Barrel Closes on Five-Year $750M Bank Credit Facility

Cracker Barrel Old Country Store, Inc. CBRL announced today that it has entered into a five-year $750 million bank credit facility comprised of a $250 million term loan and a $500 million revolving line of credit. The new credit facility replaces term loans totaling $575 million, and a $165 million revolving line of credit.