Golub Capital has completed a USD112 million senior secured credit facility for the refinancing of Au Bon Pain, a portfolio company of LNK Partners. Golub Capital acted as the Sole Bookrunner and Administrative Agent for this financing.
Founded in 1978, Au Bon Pain has grown into an internationally recognised leader in the fast casual restaurant category. The chain’s signature items — breads, pastries, sandwiches, salads, soups, and coffee — are served in welcoming cafe environments, emphasising quick service and hospitality. Au Bon Pain offers consumers a wide array of delicious, nutritional foods, and over the brand’s last three years has earned Health Magazine’s designation as one of America’s Top Five Healthiest Restaurant Chains.
"We are very excited to have closed this transaction with LNK Partners in support of a leading global brand like Au Bon Pain," says Golub Capital Senior Managing Director Greg Cashman (pictured).
Jeff Perlman, Partner at LNK, adds: "Golub Capital’s extensive experience in the restaurant industry was a true value-add to this transaction. Further, Golub Capital was able to move quickly and deliver on the terms as promised."
