Wagamama  4.125% 01 Jul 2022

Business Description

Wagamama operates popular award winning pan-Asian inspired noodle restaurants based in the United Kingdom.

Their menu features a wide variety of noodle and rice dishes, as well as salads and side dishes, hot drinks, wine, sake and Asian beers. Many Wagamama signature dishes can be found in their restaurants across the globe and they also have local specialities that take advantage of regional ingredients and tastes.

Bond Information

Coupon

4.125%

Maturity Date

01 Jul 2022

Next Interest Payment

01 Jan 2020

Interest Period

6 months

ISIN

XS1640922917

Asset Security

First ranking charge over company assets

Amount

£225,000,000

Ratings

S&P:  B, Moody's:  B2

Call Schedule

01 Jan 2019 at 102.062
01 Jan 2020 at 101.031

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

Wagamama Finance plc

Industry

Consumer & Food

Country of Origin

UK

Year of Incorporation

1992

Ownership Status

Private

Capital Structure

Senior Debt 47%

Equity 53%

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.

Based on the original 9.0x EBITDA multiple paid by Duke Street in 2011 for Wagamama.

Key Financials

Revenues

11,607

Growth %

38.1%

EDITDA

1,681

Margin %

14.5%

Cash balance

3,067

Source: Public 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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