Denny's secures $300 million credit facility

10/4/2010 | Nation's Restaurant News (free registration)

Denny's interim CEO and chairman, Debra Smithart-Oglesby, said a recently obtained credit facility of $300 million will "help us continue to execute on our strategy of gaining market share and improving our operating performance over time." The $300 million will allow the company to pay down debt, it says.

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