Inspired by a love of real Italian pizza, Pizza Express has been pioneering delicious handmade pizza since 1965.
PizzaExpress is the market-leading casual dining brand in the UK, where the company currently operates over 484 sites. The company also has strong positions across international markets with around 100 sites trading across 13 different markets.
6.625%
7.2%*
12.5%*
01 Aug 2021
Next Interest Payment
01 Feb 2020
Interest Period
6 months
XS1028948120
First ranking charge over company assets
£465,000,000
01 Aug 2018 at 104.313
01 Aug 2019 at 102.156
01 Aug 2020 at 100
Status
Payments on time
* Current Yield and Yield to Maturity are on estimated return calculations and not guaranteed. All yields shown are gross of Taxation and our Service Fee.
Company Legal Name
Industry
Consumer & Food
Country of Origin
UK
Year of Incorporation
1965
Ownership Status
Private
Senior Debt 61%
Junior Debt 29%
Equity 10%
Cash
-1.2%
Senior Notes (combined)
6.2%
Content Liabilities
12.0%
Net Debt
17.0%
Equity
83.0%
Enterprise Value
100.0%
EDITDA
£883,000,000
Cash interest
£226,400,000
Type | £m | x EBITDA* | % of capitalisation* | Maturity* | Coupon* | EBITDA/Interest* |
---|---|---|---|---|---|---|
Cash | na | na | na | na | na | na |
Senior Secured RCF (£20m) | na | na | na | na | na | na |
Senior Secured Notes £465m 6.625% | na | na | na | na | na | na |
Net Senior Debt | na | na | na | na | na | na |
Senior Notes £200m 8.625% | na | na | na | na | na | na |
Net Debt | na | na | na | na | na | na |
Equity Value | na | na | na | na | na | na |
Net Capitalisation | na | na | na | na | na | na |
EBITDA | 77.40 | |||||
Cash Interest | 48 |
Source: Public Company Information
* An asterisk next to an item indicates there is additional information available if you hover over it. You can also find a definition of the terms used on this page in our Glossary.
Revenues
11,607
Growth %
38.1%
EDITDA
1,681
Margin %
14.5%
Cash balance
3,067
Key Financials (£m) | 2015A | 2016A | 2017A | 2018A | 6m 2018A | 6m 2019A |
---|---|---|---|---|---|---|
n/a | n/a | n/a | n/a | n/a | n/a | n/a |
n/a | n/a | n/a | n/a | n/a | n/a | n/a |
n/a | n/a | n/a | n/a | n/a | n/a | n/a |
n/a | n/a | n/a | n/a | n/a | n/a | n/a |
n/a | n/a | n/a | n/a | n/a | n/a | n/a |
n/a | n/a | n/a | n/a | n/a | n/a | n/a |
Source: Company Information
£91.5
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