Vapiano gets loans for restructuring


The restaurant chain Vapiano concluded negotiations yesterday on the company’s financial restructuring, as well as implementation of a new strategic accentuation. The financing banks and the major shareholders Mayfair Beteiligungsfonds II, VAP Leipzig and Exchange Bioset have accordingly issued binding loan commitments totaling €30mn. This is to be documented by mid-June, in consultation with the banks. “Due to further requirements for the documentation of the negotiated financing”, Vapiano is again postponing the publication of its annual and consolidated financial statements to 18 June, and not today, as had been previously announced. According to preliminary figures, the company missed its revenue target in 2018 and slipped deeper into the red.

TD Premium

Subscribers to our premium service have access to this article in full as well as to an additional 510,000+ news items: all filterable by topic, company, asset class, city or keyword. In TD Premium you can search for investment deals, leases, current project developments and company news with pinpoint accuracy.

TD Premium is Germany’s leading property information tool that interconnects news, transactions, project data, market and company information in a unique and flexible system.