Papa Johns Secures $800M Loan Facilities with Hogan Lovells' Assistance
Deal News | Apr 09, 2025 | Hogan Lovells
Papa Johns International, Inc., the world's third-largest pizza delivery company, has announced the closing of $800 million in revolving and term loan credit facilities. The company is co-headquartered in Atlanta, Georgia, and Louisville, Kentucky, and operates more than 6,000 restaurants across 51 countries and territories. The global law firm Hogan Lovells provided legal advice for this transaction, with their team led by Nathan Cooper, a partner based in Washington D.C. The transaction involved several key figures from Hogan Lovells, including their Banking & Loan Finance and Capital Markets departments. This strategic financial step for Papa Johns complements its growth initiatives in the competitive food service industry.
Sectors
- Food & Beverage
- Legal Services
- Banking and Financial Services
Geography
- United States – Papa Johns is co-headquartered in Atlanta, Georgia, and Louisville, Kentucky, indicating its operational base in the United States.
- Global – Papa Johns operates over 6,000 restaurants in 51 countries and territories, highlighting its international presence.
Industry
- Food & Beverage – Papa Johns is a globally recognized player in the pizza delivery and quick-service restaurant industry.
- Legal Services – Hogan Lovells provided legal advisory services to facilitate Papa Johns' transaction.
- Banking and Financial Services – The transaction involves securing significant credit facilities, a core activity in the financial services industry.
Financials
- US$800 million – Value of the revolving and term loan credit facilities secured by Papa Johns.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Papa Johns International, Inc. | Target Company | Company | The world's third-largest pizza delivery company securing $800 million in credit facilities. |
| Hogan Lovells | Legal Advisor | Company | A global law firm advising Papa Johns on the credit facilities transaction. |
| Nathan Cooper | Lead Partner | People | Washington D.C. based partner at Hogan Lovells specializing in Banking & Loan Finance. |
| Ao Chen | Senior Associate | People | New York based senior associate at Hogan Lovells specializing in Banking & Loan Finance. |
| Lucia Cadavid Arango | Associate | People | New York based associate at Hogan Lovells specializing in Banking & Loan Finance. |
| John Beckman | Partner | People | Partner at Hogan Lovells specializing in Capital Markets. |
| Stuart Morrissy | Partner | People | Partner at Hogan Lovells specializing in Capital Markets. |
| Leia Scott | Senior Associate | People | Senior associate at Hogan Lovells specializing in Capital Markets. |