{"id":830913,"date":"2025-03-27T17:06:52","date_gmt":"2025-03-27T21:06:52","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/papa-johns-announces-completion-of-amended-credit-facilities-further-strengthening-financial-foundation-to-support-execution-of-strategic-objectives\/"},"modified":"2025-03-27T17:06:52","modified_gmt":"2025-03-27T21:06:52","slug":"papa-johns-announces-completion-of-amended-credit-facilities-further-strengthening-financial-foundation-to-support-execution-of-strategic-objectives","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/papa-johns-announces-completion-of-amended-credit-facilities-further-strengthening-financial-foundation-to-support-execution-of-strategic-objectives\/","title":{"rendered":"Papa Johns Announces Completion of Amended Credit Facilities, Further Strengthening Financial Foundation to Support Execution of Strategic Objectives"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Papa Johns Announces Completion of Amended Credit Facilities, Further Strengthening Financial Foundation to Support Execution of Strategic Objectives<\/b><\/p>\n<p class=\"bwalignc\"><i>Renews Existing $600 Million Revolving Credit Facility through 2030<\/i><\/p>\n<p class=\"bwalignc\"><i>Secures Additional $200 Million Senior Secured Term Loan<\/i><\/p>\n<p>LOUISVILLE, Ky.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nPapa Johns International, Inc. (Nasdaq: PZZA)<b \/>(\u201cPapa Johns<sup>\u00ae<\/sup>\u201d) (the \u201cCompany\u201d) today announced that it has completed the closing of an amended credit agreement in a transaction that provides the Company with additional liquidity and strengthens its overall financial profile. With this agreement, the Company is well positioned to continue executing on its strategic priorities aimed at improving sales, identifying opportunities to ensure the restaurant economic model is strong, and driving profitable growth throughout the system.\n<\/p>\n<p>\nThe Company amended and restated its existing credit agreement (the \u201cAmended Credit Agreement\u201d) with its lenders and other agents party thereto. Pursuant to the Amended Credit Agreement, the maturity of the Company\u2019s existing $600 million revolving credit facility has been extended for a new five-year term through 2030. The Amended Credit Agreement also provides the Company with a new $200 million senior secured term loan (the \u201cTerm Loan\u201d) maturing in 2030. Proceeds from the Term Loan will be used to pay down existing borrowings under the revolving credit facility, which prior to closing, is similar to the Company\u2019s year-end balance. This transaction is leverage neutral, while providing additional borrowing capacity under the revolver and extending the Company\u2019s maturity profile.\n<\/p>\n<p>\n\u201cWe\u2019re pleased to have reached an agreement that provides us with additional financial strength and flexibility to execute on the important strategic priorities we outlined last year,\u201d said Todd Penegor, President and Chief Executive Officer. \u201cPapa Johns has established a strong foundation for success, including team members and franchisees who are passionate about creating great experiences for our customers. This agreement builds on the early progress we are seeing with our transformation strategy, and supports our continued investment in high-return opportunities that will better position us to deliver on our promise to be the best pizza makers in the business.\u201d\n<\/p>\n<p>\n\u201cWe appreciate the support that we\u2019ve received from our banking partners, which reflects their confidence in our strong credit profile and balance sheet,\u201d said Ravi Thanawala, Chief Financial Officer and EVP, International. \u201cThe successful refinancing of our revolver and new term loan provide Papa Johns with cost-effective capital that extends our credit facilities and debt maturity profile, bolsters our liquidity and gives us greater flexibility to deliver long-term value to our shareholders.\u201d\n<\/p>\n<p>\nOver the last several months, Papa Johns has taken meaningful steps to transform and realign the organization to drive improved sales and profitable growth across the Company\u2019s restaurant system, including by:\n<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nFocusing on our core product and premium innovation;\n<\/li>\n<li>\nWinning customers with a focus on quality and value;\n<\/li>\n<li>\nInvesting in technology to create a seamless customer experience;\n<\/li>\n<li>\nDifferentiating and enhancing the customer\u2019s digital experience;\n<\/li>\n<li>\nAccelerating Domestic development by evolving the franchisee base; and\n<\/li>\n<li>\nTransforming International with a narrow and deep focus on the most impactful markets.\n<\/li>\n<\/ul>\n<p>\nAdditional details regarding the Amended Credit Agreement are available in the Company\u2019s Current Report on Form 8-K filed with the Securities and Exchange Commission.\n<\/p>\n<p><b><i><span class=\"bwuline\">About Papa Johns<\/span><\/i><\/b><\/p>\n<p>\nPapa Johns International, Inc. (Nasdaq: PZZA) opened its doors in 1984 with one goal in mind: BETTER INGREDIENTS. BETTER PIZZA.<sup>\u00ae<\/sup> Papa Johns believes that using high-quality ingredients leads to superior quality pizzas. Its original dough is made of only six ingredients and is fresh, never frozen. Papa Johns tops its pizzas with real cheese made from mozzarella, pizza sauce made with vine-ripened tomatoes that go from vine to can in the same day and meat free of fillers. It was the first national pizza delivery chain to announce the removal of artificial flavors and synthetic colors from its entire food menu. Papa Johns is co-headquartered in Atlanta, Ga. and Louisville, Ky. and is the world\u2019s third-largest pizza delivery company with more than 6,000 restaurants in 51 countries and territories. For more information about the Company or to order pizza online, visit <span class=\"bwuline\"><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.papajohns.com&amp;esheet=54229972&amp;newsitemid=20250327277931&amp;lan=en-US&amp;anchor=www.papajohns.com&amp;index=1&amp;md5=2d27f62daafeefdf5d67e79654a6b299\">www.papajohns.com<\/a><\/span> or download the Papa Johns mobile app for iOS or Android.\n<\/p>\n<p><b><i><span class=\"bwuline\">Forward-Looking Statements<\/span><\/i><\/b><\/p>\n<p>\nCertain matters discussed in this press release and other Company communications that are not statements of historical fact constitute forward-looking statements within the meaning of the federal securities laws. Generally, the use of words such as \u201cexpect,\u201d \u201cintend,\u201d \u201cestimate,\u201d \u201cbelieve,\u201d \u201canticipate,\u201d \u201cwill,\u201d \u201cforecast,\u201d \u201coutlook,\u201d \u201cplan,\u201d \u201cproject,\u201d or similar words identify forward-looking statements that we intend to be included within the safe harbor protections provided by the federal securities laws. Such forward-looking statements include or may relate to business and operational performance, profit margins, net unit growth, unit level performance, capital expenditures, restaurant and franchise development, franchisee relations, International business initiatives, executive leadership changes, the effectiveness of our transformation strategy and other business initiatives, investments in technology and other opportunities, marketing efforts and investments, liquidity, compliance with debt covenants, and the results of our strategic decisions and actions. Such statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions, which are difficult to predict and many of which are beyond our control. Therefore, actual outcomes and results may differ materially from those matters expressed or implied in such forward-looking statements.\n<\/p>\n<p>\nOur forward-looking statements are based on our assumptions which are based on currently available information. Actual outcomes and results may differ materially from those matters expressed or implied in our forward-looking statements as a result of various factors, including the risks, uncertainties and assumptions discussed in detail in \u201cPart I. Item 1A. \u2013 Risk Factors\u201d in our Annual Report on Form 10-K for the fiscal year ended December 29, 2024. We undertake no obligation to update publicly any forward-looking statements, whether as a result of future events, new information or otherwise, except as required by law.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250327277931r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250327277931\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250327277931\/en\/<\/a><\/span><\/p>\n<p><b>Media Contact:<br \/>\n<\/b><br \/>Janelle Panebianco<br \/>\n<br \/>Senior Director, External Communications<br \/>\n<br \/>Papa Johns International<br \/>\n<br \/><span class=\"bwuline\"><a rel=\"nofollow\" href=\"mailto:Janelle_Panebianco@papajohns.com\">Janelle_Panebianco@papajohns.com<\/a><\/span><\/p>\n<p><b>Investor Contact:<br \/>\n<\/b><br \/>Sarah Burnett<br \/>\n<br \/>Director, Investor Relations<br \/>\n<br \/>Papa Johns International<br \/>\n<br \/><span class=\"bwuline\"><a rel=\"nofollow\" href=\"mailto:investor_relations@papajohns.com\">investor_relations@papajohns.com<\/a><\/span><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Kentucky<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Finance Restaurant\/Bar Food\/Beverage Retail Professional Services<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250327277931\/en\/1341299\/3\/WEB_USE_PJS_LOGO_BIBP_ARCH_HOR_2COLOR_RGB.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Papa Johns Announces Completion of Amended Credit Facilities, Further Strengthening Financial Foundation to Support Execution of Strategic Objectives Renews Existing $600 Million Revolving Credit Facility through 2030 Secures Additional $200 Million Senior Secured Term Loan LOUISVILLE, Ky.&#8211;(BUSINESS WIRE)&#8211; Papa Johns International, Inc. (Nasdaq: PZZA)(\u201cPapa Johns\u00ae\u201d) (the \u201cCompany\u201d) today announced that it has completed the closing of an amended credit agreement in a transaction that provides the Company with additional liquidity and strengthens its overall financial profile. With this agreement, the Company is well positioned to continue executing on its strategic priorities aimed at improving sales, identifying opportunities to ensure the restaurant economic model is strong, and driving profitable growth throughout the system. The Company amended and restated its existing credit &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/papa-johns-announces-completion-of-amended-credit-facilities-further-strengthening-financial-foundation-to-support-execution-of-strategic-objectives\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Papa Johns Announces Completion of Amended Credit Facilities, Further Strengthening Financial Foundation to Support Execution of Strategic Objectives&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-830913","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Papa Johns Announces Completion of Amended Credit Facilities, Further Strengthening Financial Foundation to Support Execution of Strategic Objectives - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/papa-johns-announces-completion-of-amended-credit-facilities-further-strengthening-financial-foundation-to-support-execution-of-strategic-objectives\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Papa Johns Announces Completion of Amended Credit Facilities, Further Strengthening Financial Foundation to Support Execution of Strategic Objectives - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Papa Johns Announces Completion of Amended Credit Facilities, Further Strengthening Financial Foundation to Support Execution of Strategic Objectives Renews Existing $600 Million Revolving Credit Facility through 2030 Secures Additional $200 Million Senior Secured Term Loan LOUISVILLE, Ky.&#8211;(BUSINESS WIRE)&#8211; Papa Johns International, Inc. (Nasdaq: PZZA)(\u201cPapa Johns\u00ae\u201d) (the \u201cCompany\u201d) today announced that it has completed the closing of an amended credit agreement in a transaction that provides the Company with additional liquidity and strengthens its overall financial profile. With this agreement, the Company is well positioned to continue executing on its strategic priorities aimed at improving sales, identifying opportunities to ensure the restaurant economic model is strong, and driving profitable growth throughout the system. The Company amended and restated its existing credit &hellip; Continue reading &quot;Papa Johns Announces Completion of Amended Credit Facilities, Further Strengthening Financial Foundation to Support Execution of Strategic Objectives&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/papa-johns-announces-completion-of-amended-credit-facilities-further-strengthening-financial-foundation-to-support-execution-of-strategic-objectives\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-27T21:06:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250327277931r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/papa-johns-announces-completion-of-amended-credit-facilities-further-strengthening-financial-foundation-to-support-execution-of-strategic-objectives\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/papa-johns-announces-completion-of-amended-credit-facilities-further-strengthening-financial-foundation-to-support-execution-of-strategic-objectives\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Papa Johns Announces Completion of Amended Credit Facilities, Further Strengthening Financial Foundation to Support Execution of Strategic Objectives\",\"datePublished\":\"2025-03-27T21:06:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/papa-johns-announces-completion-of-amended-credit-facilities-further-strengthening-financial-foundation-to-support-execution-of-strategic-objectives\\\/\"},\"wordCount\":1030,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/papa-johns-announces-completion-of-amended-credit-facilities-further-strengthening-financial-foundation-to-support-execution-of-strategic-objectives\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20250327277931r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/papa-johns-announces-completion-of-amended-credit-facilities-further-strengthening-financial-foundation-to-support-execution-of-strategic-objectives\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/papa-johns-announces-completion-of-amended-credit-facilities-further-strengthening-financial-foundation-to-support-execution-of-strategic-objectives\\\/\",\"name\":\"Papa Johns Announces Completion of Amended Credit Facilities, Further Strengthening Financial Foundation to Support Execution of Strategic Objectives - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/papa-johns-announces-completion-of-amended-credit-facilities-further-strengthening-financial-foundation-to-support-execution-of-strategic-objectives\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/papa-johns-announces-completion-of-amended-credit-facilities-further-strengthening-financial-foundation-to-support-execution-of-strategic-objectives\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20250327277931r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"datePublished\":\"2025-03-27T21:06:52+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/papa-johns-announces-completion-of-amended-credit-facilities-further-strengthening-financial-foundation-to-support-execution-of-strategic-objectives\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/papa-johns-announces-completion-of-amended-credit-facilities-further-strengthening-financial-foundation-to-support-execution-of-strategic-objectives\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/papa-johns-announces-completion-of-amended-credit-facilities-further-strengthening-financial-foundation-to-support-execution-of-strategic-objectives\\\/#primaryimage\",\"url\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20250327277931r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"contentUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20250327277931r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/papa-johns-announces-completion-of-amended-credit-facilities-further-strengthening-financial-foundation-to-support-execution-of-strategic-objectives\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Papa Johns Announces Completion of Amended Credit Facilities, Further Strengthening Financial Foundation to Support Execution of Strategic Objectives\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Papa Johns Announces Completion of Amended Credit Facilities, Further Strengthening Financial Foundation to Support Execution of Strategic Objectives - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/papa-johns-announces-completion-of-amended-credit-facilities-further-strengthening-financial-foundation-to-support-execution-of-strategic-objectives\/","og_locale":"en_US","og_type":"article","og_title":"Papa Johns Announces Completion of Amended Credit Facilities, Further Strengthening Financial Foundation to Support Execution of Strategic Objectives - Market Newsdesk","og_description":"Papa Johns Announces Completion of Amended Credit Facilities, Further Strengthening Financial Foundation to Support Execution of Strategic Objectives Renews Existing $600 Million Revolving Credit Facility through 2030 Secures Additional $200 Million Senior Secured Term Loan LOUISVILLE, Ky.&#8211;(BUSINESS WIRE)&#8211; Papa Johns International, Inc. (Nasdaq: PZZA)(\u201cPapa Johns\u00ae\u201d) (the \u201cCompany\u201d) today announced that it has completed the closing of an amended credit agreement in a transaction that provides the Company with additional liquidity and strengthens its overall financial profile. With this agreement, the Company is well positioned to continue executing on its strategic priorities aimed at improving sales, identifying opportunities to ensure the restaurant economic model is strong, and driving profitable growth throughout the system. The Company amended and restated its existing credit &hellip; Continue reading \"Papa Johns Announces Completion of Amended Credit Facilities, Further Strengthening Financial Foundation to Support Execution of Strategic Objectives\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/papa-johns-announces-completion-of-amended-credit-facilities-further-strengthening-financial-foundation-to-support-execution-of-strategic-objectives\/","og_site_name":"Market Newsdesk","article_published_time":"2025-03-27T21:06:52+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250327277931r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/papa-johns-announces-completion-of-amended-credit-facilities-further-strengthening-financial-foundation-to-support-execution-of-strategic-objectives\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/papa-johns-announces-completion-of-amended-credit-facilities-further-strengthening-financial-foundation-to-support-execution-of-strategic-objectives\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Papa Johns Announces Completion of Amended Credit Facilities, Further Strengthening Financial Foundation to Support Execution of Strategic Objectives","datePublished":"2025-03-27T21:06:52+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/papa-johns-announces-completion-of-amended-credit-facilities-further-strengthening-financial-foundation-to-support-execution-of-strategic-objectives\/"},"wordCount":1030,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/papa-johns-announces-completion-of-amended-credit-facilities-further-strengthening-financial-foundation-to-support-execution-of-strategic-objectives\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250327277931r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/papa-johns-announces-completion-of-amended-credit-facilities-further-strengthening-financial-foundation-to-support-execution-of-strategic-objectives\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/papa-johns-announces-completion-of-amended-credit-facilities-further-strengthening-financial-foundation-to-support-execution-of-strategic-objectives\/","name":"Papa Johns Announces Completion of Amended Credit Facilities, Further Strengthening Financial Foundation to Support Execution of Strategic Objectives - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/papa-johns-announces-completion-of-amended-credit-facilities-further-strengthening-financial-foundation-to-support-execution-of-strategic-objectives\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/papa-johns-announces-completion-of-amended-credit-facilities-further-strengthening-financial-foundation-to-support-execution-of-strategic-objectives\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250327277931r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","datePublished":"2025-03-27T21:06:52+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/papa-johns-announces-completion-of-amended-credit-facilities-further-strengthening-financial-foundation-to-support-execution-of-strategic-objectives\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/papa-johns-announces-completion-of-amended-credit-facilities-further-strengthening-financial-foundation-to-support-execution-of-strategic-objectives\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/papa-johns-announces-completion-of-amended-credit-facilities-further-strengthening-financial-foundation-to-support-execution-of-strategic-objectives\/#primaryimage","url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250327277931r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","contentUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250327277931r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en"},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/papa-johns-announces-completion-of-amended-credit-facilities-further-strengthening-financial-foundation-to-support-execution-of-strategic-objectives\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"Papa Johns Announces Completion of Amended Credit Facilities, Further Strengthening Financial Foundation to Support Execution of Strategic Objectives"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/830913","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=830913"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/830913\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=830913"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=830913"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=830913"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}