Deals
Permira’s Telepizza Said to Seek Lender Approval to Extend Loan
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Telepizza SA, a Spanish pizza-delivery company owned by Permira Advisers LLP, is seeking approval from lenders to extend the maturities of its loans to as long as 2017, according to a person with knowledge of the matter.
The company, which has about a 70 percent market share in Spain, wants to extend the maturity of 60 percent of the term loan A, revolving credit, and capital expenditure facilities to 2015 from 2013, said the person, who declined to be identified because the deal is private. It also wants to boost the term loan B to 2016 from 2014, term loan C to September 2016 from 2015, and second-lien loan to March 2017 from 2016.