03:24 AM EDT, 04/29/2024 (MT Newswires) -- Yum! Brands ( YUM ) said Friday it has secured a $500 million term loan A and a $1.5 billion revolving credit facility.

Proceeds will be used to repay the company's existing $713 million term loan A facility and a $1.25 billion revolving credit facility, the company said.

The new term loan A and the revolving credit facility will bear the same interest rates as the existing facilities.

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