Darden Restaurants, Inc. 6.3% 10-OCT-2033Darden Restaurants, Inc. 6.3% 10-OCT-2033Darden Restaurants, Inc. 6.3% 10-OCT-2033

Darden Restaurants, Inc. 6.3% 10-OCT-2033

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DRI5664374 analysis



Key facts


Issue date
Oct 10, 2023
Maturity date
Oct 10, 2033
Outstanding amount
‪500.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
6.30% (Fixed)
Yield to maturity
5.48%
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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