Cracker barrel announces proposed private offering of convertible senior notes due 2026

Lebanon, tenn., june 14, 2021 /prnewswire/ -- cracker barrel old country store, inc. ("cracker barrel" or the "company") (nasdaq: cbrl) today announced its intention to offer, subject to market conditions and other considerations, $275 million aggregate principal amount of convertible senior notes due 2026 (the "notes") in a private offering only to persons reasonably believed to be qualified institutional buyers pursuant to rule 144a under the securities act of 1933, as amended (the "securities act").
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