Darden Restaurants, Inc. 3.85% 01-MAY-2027Darden Restaurants, Inc. 3.85% 01-MAY-2027Darden Restaurants, Inc. 3.85% 01-MAY-2027

Darden Restaurants, Inc. 3.85% 01-MAY-2027

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Key terms


Outstanding amount
‪500.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
3.85% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
4.97%
Maturity date
May 1, 2027
Term to maturity
2 years

About Darden Restaurants, Inc. 3.85% 01-MAY-2027


Sector
Consumer Services
Industry
Restaurants
Home page
Issue date
Apr 18, 2017
FIGI
BBG00GFKPM98
Darden Restaurants, Inc. is a full-service restaurant company, which engages in the provision of restaurant services. It operates through the following segments: Olive Garden, LongHorn Steakhouse, Fine Dining, and Other Business. The Olive Garden segment is the largest full-service dining Italian restaurant operator. The LongHorn Steakhouse segment includes the results of the company-owned LongHorn Steakhouse restaurants. The Fine Dining segment consists of the premium brands that operate within the fine-dining sub-segment of full-service dining and includes the results of its company-owned The Capital Grille and Eddie V's restaurants. The Other Business segment aggregates the remaining brands and includes the results of its company-owned Cheddar's Scratch Kitchen, Yard House, Seasons 52 and Bahama Breeze restaurants, and from franchises and consumer-packaged goods sales. The company was founded by William B. Darden in 1938 and is headquartered in Orlando, FL.
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