Warburg Pincus in PLN 307.2m PIPE for AmRest

As part of the deal, AmRest will issue an additional 4.7 million shares, at a price of PLN 65 per unit, equating to a 24.99% in the business.

Warburg Pincus has the option to subscribe to additional new shares for a total shareholding not exceeding 33% of the increased capital over a 12-month period.

The company is planning between 60-70 new openings this year funded from internal cash flow and debt financing.

However, the new funds will allow the company to push forward its organic growth initiatives in the CEE region beyond 2010, including 100 new openings in 2011.

Headquartered in Wrocław and established in 2000, AmRest is one of the main restaurant operators in Central and Eastern Europe.

The company operates over 430 category leading quick service and casual dining restaurants, including the Freshpoint and Rodeo Drive proprietary brands.

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• PIPEs
• Consumer
• CEE
• Poland
• Warburg Pincus