Helm Restaurants, Inc. and Helm Ops, Inc. (collectively “Helm Restaurants”), a Louisiana S-Corp. owned and operated by long-time Taco Bell Franchisee Steve Helm, has obtained a total of $29,000,000 in loan commitments to refinance existing debt and to provide capital for future growth. The loan commitments included a $24,000,000 senior secured real estate term loan and a $5,000,000 revolving credit facility.
The financing optimized the company’s capital structure by providing a significant increase in debt capacity, a dramatic increase in free cash flow, and access to a flexible revolving line of credit.
Auspex Capital designed the capital structure and acted as the debt placement advisor to Helm Restaurants for this transaction.
