January 16, 2018 / 1:19 PM / 6 months ago

BRIEF-Sonic Announces Financing Transaction

Jan 16 (Reuters) - Sonic Corp:

* SONIC ANNOUNCES FINANCING TRANSACTION

* SONIC SAYS UNITS INTEND TO ISSUE ABOUT $170 MILLION OF NEW FIXED RATE NOTES

* SONIC - UNITS EXPECT TO REDUCE CAPACITY UNDER REVOLVING CREDIT FACILITY OF SERIES 2016-1 VARIABLE FUNDING SENIOR SECURED NOTES, CLASS A-1 TO $100 MILLION Source text for Eikon: Further company coverage:

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