News & Events

The Firm recently represented the arrangers, including JPMorgan Chase Bank, N.A. as lead arranger and administrative agent, in connection with a new $440 million senior secured credit facility for Del Frisco’s Restaurant Group Inc. (“DFRG”). The proceeds of the term loans will be used to fund a portion of DFRG’s acquisition of Barteca Holdings, LLC (“Barteca”) from Rosser Capital Partners and General Atlantic LLC.

DFRG is an American steakhouse restaurant chain company which owns and operates three contemporary, high-end restaurant concepts, Del Frisco’s Double Eagle Steakhouse, Sullivan’s Steakhouse and Del Frisco’s Grille, with over 32 locations across the United States. Barteca operates 31 restaurants in 10 states and the District of Columbia, including the largest Spanish-themed restaurant chain in the country and upscale street food concepts served in 16 separate locations.

The Simpson Thacher team includes Justin Lungstrum, Sam Egendorf and Kal Venkatraj (Credit); Larry Moss (ECEB); Sarah Julian Duffy (Tax); and Melanie Jolson (IP). Summer Associate Frances Fuqua also provided valuable assistance.