Driven brands closes $365 million securitization issuance

Charlotte, n.c. , oct. 5, 2022 /prnewswire/ -- driven brands holdings inc. (nasdaq: drvn) ("driven brands" or the "company") announced today that it has closed an offering by certain of its subsidiaries for $365 million series 2022-1 fixed rate senior secured notes, class a-2 (the "notes") maturing october 2027, increasing the offering by over 30 percent.
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