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Shares of restaurant company Bloomin’ Brands (NASDAQ:BLMN) jumped 5.1% in the pre-market session after JPMorgan upgraded the company from Underweight to Neutral and raised its price target to $13.00 from $6.00, as reported by Investing.com.
TAMPA, Fla., September 29, 2026--Bloomin’ Brands, Inc. (Nasdaq: BLMN) today announced that it and its wholly-owned subsidiary, OSI Restaurant Partners, LLC, have amended and restated their revolving credit facility to extend its maturity date to September 25, 2031. The amount of the lender commitments under the $1.2 billion facility and the interest rate elections and spreads remained substantially unchanged, and the transaction is leverage neutral. Other than the addition of a new senior secure
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