Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.

home / news releases / PBPB - Potbelly closes on $5M term loan led by Sagard

PBPB - Potbelly closes on $5M term loan led by Sagard

Potbelly Corporation
  • Potbelly ( NASDAQ: PBPB ) on Friday announced that it closed on a new $25 million senior secured term loan that matures on February 7, 2028, led by Sagard.
  • The new five-year term loan replaces the short-term revolving credit facility with J.P. Morgan.
  • The remaining proceeds will be used to fund working capital and for general corporate purposes, including capital expenditures.
  • The Facility also allows the company to enter into an additional $5.0 million revolving credit facility with third party lenders, subject to customary terms and conditions.
  • William Blair acted as the exclusive financial advisor to Potbelly on the transaction.

For further details see:

Potbelly closes on $5M term loan led by Sagard
Stock Information
Company Name: Potbelly Corporation
Stock Symbol: PBPB
Market: NASDAQ
Website: potbelly.com
Menu
PBPB PBPB Quote PBPB Short PBPB News PBPB Articles PBPB Message Board
Get PBPB Alerts

News, Short Squeeze, Breakout and More Instantly...