Darden Restaurants, Inc., founded in 1968 and headquartered in Orlando, Florida, is a leading full-service dining company dedicated to providing quality food and exceptional dining experiences. The company operates several well-known restaurant brands, including Olive Garden, LongHorn Steakhouse, and Cheddar's Scratch Kitchen.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| DRI 3.85% 2027-05-01 USDDarden Restaurants, Inc. | United States | 2027-05-01 | 3.850 | 3.95 |
| DRI 4.35% 2027-10-15 USDDarden Restaurants, Inc. | United States | 2027-10-15 | 4.350 | 3.90 |
| DRI 4.55% 2029-10-15 USDDarden Restaurants, Inc. | United States | 2029-10-15 | 4.550 | 4.35 |
| DRI 4.55% 2048-02-15 USDDarden Restaurants, Inc. | United States | 2048-02-15 | 4.550 | 5.88 |
| DRI 6.00% 2035-08-15 USDDarden Restaurants, Inc. | United States | 2035-08-15 | 6.000 | 6.06 |
| DRI 6.30% 2033-10-10 USDDarden Restaurants, Inc. | United States | 2033-10-10 | 6.300 | 4.95 |
| DRI 6.80% 2037-10-15 USDDarden Restaurants, Inc. | United States | 2037-10-15 | 6.800 | 5.61 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Darden began issuing bonds in the early 2000s to support its expansion and operational needs, with significant issuances in 2014 to refinance debt. Their current corporate bonds yield around 4.5%, slightly above the industry average, reflecting robust financial health and stability. In 2020, Darden successfully issued a $600 million senior unsecured note to strengthen liquidity amid the pandemic, showcasing their proactive financial management.