New World Coffee – Manhattan Bagel, Inc.

Client Profile
New World Coffee – Manhattan Bagel, Inc. (NASDAQ: NWCI) is a vertically integrated franchisor of coffee bars and bagel bakeries with over 400 locations nationwide.
Prior to retaining SSG, the company had canvassed the market without success for senior debt to refinance expensive bridge loan (20% plus yield) with ‘exploding warrants,’ as well as, looking to finance the acquisition of Chesapeake Bagel Bakery.
SSG delivered a $15 million cash flow loan based upon enterprise value with an extended interest only period to refinance the bridge loan, provide acquisition financing and provide working capital.

(610) 940-1094Email
New York
(212) 786-7432Email