Spoon Brands lands €28M debt deal from UniCredit, illimity to grow KFC and Milos

What's the deal? Spoon BrandsDealroom has a profile for this one. Try Dealroom →, an Italian holding company operating in food retail, has secured €28 million in debt financing. UniCredit led as global coordinator, bookrunner and agent bank, with Illimity joining the financing pool.

What's the endgame? Spoon Brands runs a portfolio of restaurant brands, including KFCDealroom has a profile for this one. Try Dealroom → and Milos Greek FoodDealroom has a profile for this one. Try Dealroom →. The financing is intended to support expansion in Italy's food retail sector.

Why now? The debt financing gives Spoon Brands capital to expand its multi-brand restaurant portfolio.

The signal: The €28 million facility reflects lender support for a consumer-facing operator with an established portfolio of restaurant brands.

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Image credit: Generated with Gemini