Bloomin' Brands Inc, founded in 1988 and headquartered in Tampa, Florida, is a leading casual dining company focused on providing exceptional dining experiences. The company operates several well-known restaurant brands, including Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill, and Fleming's Prime Steakhouse & Wine Bar, catering to a diverse range of culinary preferences.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| BLMN 5.13% 2029-04-15 USDBloomin Brands Inc | United States | 2029-04-15 | 5.125 | 10.02 |
| BLMN 5.13% 2029-04-15 USDBloomin Brands Inc | United States | 2029-04-15 | 5.125 | 10.16 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its establishment, Bloomin' Brands has actively leveraged bond issuances to finance expansion and operational initiatives. Notably, the company first issued bonds in 2011, and its latest significant issuance occurred in 2020 when it raised $300 million in senior unsecured notes with a yield of 5.75%, demonstrating competitive yields relative to industry peers. The 2020 issuance was pivotal as it provided liquidity during the COVID-19 crisis, allowing the company to navigate obstacles while maintaining financial flexibility.