Wingstop Plans to Enter New Securitized Financing Facility

MT Newswires11-13

Wingstop (WING) said Wednesday it intends to enter into a new securitized financing facility that is expected to lead to the issuance of senior notes and increased capacity of its variable funding ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2483983569?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-13 23:06","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2483983569","market":"us","top_or_hot":-1,"title":"Wingstop Plans to Enter New Securitized Financing Facility","media":"MT Newswires","content":"<div>\n<p>Wingstop (WING) said Wednesday it intends to enter into a new securitized financing facility that is expected to lead to the issuance of senior notes and increased capacity of its variable funding ...</p>\n\n<a href=\"https://finance.yahoo.com/news/wingstop-plans-enter-securitized-financing-150648159.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wingstop Plans to Enter New Securitized Financing Facility</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWingstop Plans to Enter New Securitized Financing Facility\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-13 23:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/wingstop-plans-enter-securitized-financing-150648159.html><strong>MT Newswires</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wingstop (WING) said Wednesday it intends to enter into a new securitized financing facility that is expected to lead to the issuance of senior notes and increased capacity of its variable funding ...</p>\n\n<a href=\"https://finance.yahoo.com/news/wingstop-plans-enter-securitized-financing-150648159.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2065731478.USD","symbol_name":"ALLSPRING (LUX) WORLDWIDE FUND - SMALL CAP INNOVA \"I\" (USD) ACC","start_time":0,"source_url":"https://finance.yahoo.com/news/wingstop-plans-enter-securitized-financing-150648159.html","article_id":"2483983569","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483983569","pubTimestamp":1731510408,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Wingstop  said Wednesday it intends to enter into a new securitized financing facility that is expected to lead to the issuance of senior notes and increased capacity of its variable funding note facility.The company said it plans to issue $500 million of new securitized notes, in addition to its current series 2022-1 and 2020-1 fixed-rate senior notes.The company said it intends to use the net proceeds from the issuance to pay transaction fees, boost its liquidity position and for general corporate purposes, which may include the repurchase of common shares.Wingstop said it is also looking to increase the capacity of its current variable funding note facility to $300 million from $200 million. Borrowing capacity under the facility of up to $300 million will become available as it satisfies certain conditions.The transaction is expected to close in Q4, the company said.Wingstop shares were up nearly 2% in recent Wednesday trading.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2065731478.USD":"ALLSPRING (LUX) WORLDWIDE FUND - SMALL CAP INNOVA \"I\" (USD) ACC","WING":"Wingstop Inc.","LU0054578231.USD":"BGF SYSTEMATIC SUSTAINABLE GLOBAL SMALLCAP \"A2\" (USD) ACC","BK4209":"餐馆"},"translate_title":"Wingstop计划进入新的证券化融资机制","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WING":1},"content_text":"Wingstop (WING) said Wednesday it intends to enter into a new securitized financing facility that is expected to lead to the issuance of senior notes and increased capacity of its variable funding note facility.\n\n The company said it plans to issue $500 million of new securitized notes, in addition to its current series 2022-1 and 2020-1 fixed-rate senior notes.\n\n The company said it intends to use the net proceeds from the issuance to pay transaction fees, boost its liquidity position and for general corporate purposes, which may include the repurchase of common shares.\n\n Wingstop said it is also looking to increase the capacity of its current variable funding note facility to $300 million from $200 million. Borrowing capacity under the facility of up to $300 million will become available as it satisfies certain conditions.\n\n The transaction is expected to close in Q4, the company said.\n\n Wingstop shares were up nearly 2% in recent Wednesday trading.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2483983569"}