Driven Brands Closes $500 Million Securitization Issuance to Refinance Existing Debt
Driven Brands Driven Brands (US:DRVN) Businesswire·2025-10-21 11:15

Core Viewpoint - Driven Brands Holdings Inc. has successfully closed an offering of $500 million in Series 2025-1 Fixed Rate Senior Secured Notes, Class A-2, which will mature in October 2055 and have an anticipated repayment date in October 2030 [1] Group 1 - The proceeds from the issuance will be utilized alongside funding from the Company's revolving credit facility to refinance existing debt [1]