The cheesecake factory provides recapitalization update

Calabasas hills, calif.--(business wire)--the cheesecake factory incorporated (nasdaq: cake) today provided a recapitalization update following the completion of its recent offerings of $345 million of 0.375% convertible senior notes due 2026 and $175 million of shares of the company's common stock. as previously disclosed, the company used the net proceeds from the offerings to fund approximately $457.4 million payable in connection with the repurchase of 150,000 shares of its previously outst
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