Jack in the Box closes $500M debt refinancing at 7.624%, extends maturities to 2029

Filed June 23, 2026 · Period ending June 23, 2026 · ~1 min read

Key Changes

• high

  Issued $500M fixed-rate securitized notes at 7.624% through bankruptcy-remote subsidiary, backed by franchise agreements, restaurants, and intellectual property. Replaces lower-rate debt (3.4%-4.5%) but pushes next maturity from near-term to 2029.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• high

  Proceeds fully retired $46.1M of 2019-series notes and partially paid down $479.9M of 2022-series notes. Refinancing transaction, not net new borrowing. Remaining proceeds flow to parent for general corporate use.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• medium

  Established new $150M revolving facility, replacing prior facility of same size. Drew $39M at closing, issued $56M in letters of credit, leaving ~$55M unused. Carries 50-100 bps commitment fee on unused capacity.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →