Del Frisco's Restaurant Group, Inc. Enters into Sixth Amendment to Loan Agreement
October 25, 2017 at 06:10 am EDT
On October 20, 2017, Del Frisco's Restaurant Group, Inc. entered into the sixth amendment to loan agreement and consent to its loan agreement, as amended, dated as of October 15, 2012, by and among Del Frisco's Restaurant Group, Inc., certain subsidiaries as guarantors, and JP Morgan Chase Bank N.A. The amendment, among other things, consents to the company's sale and leaseback of its Orlando, Florida Del Frisco's Double Eagle Steak House location. Additionally, the amendment modifies the definition of the operating leverage ratio under the loan agreement.