Pizza Express  6.625% 01 Aug 2021

Business Description

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.

Bond Information

Coupon

6.625%

Maturity Date

01 Aug 2021

Next Interest Payment

01 Feb 2020

Interest Period

6 months

ISIN

XS1028948120

Asset Security

First ranking charge over company assets

Amount

£465,000,000

Ratings

Moody's:  Caa1

Call Schedule

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 Information

Company Legal Name

Twinkle Pizza plc

Industry

Consumer & Food

Country of Origin

UK

Year of Incorporation

1965

Ownership Status

Private

Capital Structure

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

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.

Key Financials

Revenues

11,607

Growth %

38.1%

EDITDA

1,681

Margin %

14.5%

Cash balance

3,067

Source: Company Information

Reports & Information

Throughout our site you will find links to external websites. Although we make every effort to ensure these links are accurate, up to date and relevant, we cannot take responsibility for pages maintained by external providers.

Throughout our site you will find links to external websites. Although we make every effort to ensure these links are accurate, up to date and relevant, we cannot take responsibility for pages maintained by external providers.

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