Current Report Filing (8-k)
October 27 2015 - 3:40PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT
TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of Earliest Event Reported): October 26, 2015
BOJANGLES, INC.
(Exact Name of Issuer as Specified in Charter)
|
|
|
|
|
Delaware |
|
001-37374 |
|
45-2988924 |
State or Other Jurisdiction of
Incorporation or Organization) |
|
(Commission
File Number) |
|
(I.R.S. Employer
Identification Number) |
9432 Southern Pine Boulevard,
Charlotte, NC 28273
(Address of Principal Executive Offices)
(704) 527-2675
(Registrants Telephone Number, Including Area Code)
Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following
provisions:
¨ |
Written communications pursuant to Rule 425 under the Securities Act |
¨ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act |
¨ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act |
¨ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act |
Item 2.03. |
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. |
On October 26, 2015, Bojangles Restaurants, Inc. (BRI), a wholly-owned subsidiary of Bojangles, Inc., entered into
an interest rate swap with Bank of America, N.A. to hedge the floating rate interest risk on $50 million of its debt. The interest rate swap has an effective date of October 30, 2015 and a maturity date of October 31, 2019.
Under the terms of the swap, on a notional amount of $50 million, BRI will pay a fixed interest rate of 1.115% to the swap counterparty and
will receive interest from the swap counterparty at a variable rate based on one month LIBOR.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
|
|
|
|
|
|
|
|
|
|
|
Bojangles, Inc. |
|
|
|
|
October 27, 2015 |
|
|
|
By: |
|
/s/ M. John Jordan |
|
|
|
|
|
|
M. John Jordan |
|
|
|
|
|
|
Senior Vice President of Finance, Chief
Financial Officer and Treasurer |
BOJANGLES', INC. (NASDAQ:BOJA)
Historical Stock Chart
From Jun 2024 to Jul 2024
BOJANGLES', INC. (NASDAQ:BOJA)
Historical Stock Chart
From Jul 2023 to Jul 2024
Real-Time news about Bojangles, Inc. (NASDAQ): 0 recent articles
More Bojangles', Inc. News Articles