Daily News: February 14, 2013

FocalPoint Facilitates Restaurant Chain Refinancing


A regional operator of family dining and entertainment centers announced the successful refinancing of its existing senior and subordinated debt financing.

The company said the capital was structured as a one stop multi-tranche facility provided by a syndicate of lenders. FocalPoint Securities was said to have served as the company’s exclusive financial advisor.

FocalPoint was said to bring together a group of mezzanine lenders to create a non-traditional unitranche structure. As part of the senior and subordinated debt refinance, the company also secured a delayed draw term loan to support new location development.

FocalPoint, with offices in Los Angeles and Chicago, is an independent investment bank specializing in mergers and acquisitions, private placements and financial restructurings/work-outs. The firm’s primary focus is on middle-market companies.