Panera Franchisee

FULLY SUBSCRIBED

TRANSACTION OVERVIEW
CrowdOut has facilitated the financing of a regional Panera franchisee, providing the Company with up to $23.5 million of senior debt to refinance its existing debt and new unit growth.

  • $23,500,000 of senior debt
  • A national bank invested in the entire transaction

Terms were undisclosed

  • Total Loan Size: $23,500,000
  • Cash Interest Rate (gross): Undisclosed
  • Loan Priority: Senior Secured
  • Term Length: Undisclosed
  • Interest Frequency: Monthly
  • Loan Amortization: Undisclosed
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TRANSACTION OVERVIEW

CrowdOut has facilitated the financing of a regional Panera franchisee, providing the Company with $23.5 million of senior debt to refinance its existing debt and new unit growth. The financing was completed in partnership with a national franchise finance lender at a major U.S. bank.

Specific terms of the loan are undisclosed.