June 17, 2019
Jack in the Box
Stories this photo appears in:
As per the purchase agreement, the Master Issuer is allowed to borrow up to $150 million of its Series 2019-1 Class A-1 notes on a revolving basis.
According to a press release, the 2019 bonds, or Notes, are expected to be issued in a privately placed securitization transaction.
According a news release, the senior credit facility is comprised of an outstanding term loan of $315 million and revolving credit facility of $739.4 million.