September 02, 2014 3:41 PM ET

Hotels, Restaurants and Leisure

Company Overview of NPC Quality Burgers, Inc.

Company Overview

NPC Quality Burgers, Inc. owns and operates restaurants. The company was formerly known as NPC Operating Company A, Inc. and changed its name to NPC Quality Burgers, Inc. in May 2013. NPC Quality Burgers, Inc. was incorporated in 2011 and is based in Overland Park, Kansas. NPC Quality Burgers, Inc. operates as a subsidiary of NPC International, Inc.

7300 West 129th Street

Overland Park, KS 66213

United States

Founded in 2011

Phone:

913-327-3109

Key Executives for NPC Quality Burgers, Inc.

NPC Quality Burgers, Inc. does not have any Key Executives recorded.

NPC Quality Burgers, Inc. Key Developments

NPC Acquisition Holdings, LLC, NPC International, Inc., NPC Quality Burgers, Inc., and NPC Operating Company B, Inc. Enters into Amendment No. 4 to Credit Agreement

On December 16, 2013, NPC Acquisition Holdings, LLC, NPC International, Inc., NPC Quality Burgers, Inc., and NPC Operating Company B, Inc. entered into Amendment No. 4 to Credit Agreement with each of the lenders that is a signatory thereto, and Barclays Bank PLC, as administrative agent. Pursuant to Amendment No. 4, the existing credit agreement of the company (as guarantor) and its subsidiaries was amended and restated as the $478,125,000 Third Amended and Restated Credit Agreement dated as of December 16, 2013 among the company and its subsidiaries, the other guarantors party thereto, each of the lenders that is a party thereto from time to time, and Barclays Bank PLC, as administrative agent, collateral agent for the Secured Parties and Issuing Bank. The company and its subsidiaries entered into Amendment No. 4 in order to refinance the subsidiaries' existing indebtedness under the credit agreement. The refinancing (a) resulted in a 25 basis point reduction in the spread over LIBOR on Term Loan borrowings, (b) lowered the LIBOR floor on Term Loan borrowings by 25 basis points, (c) increased the capacity on the Revolving Credit Facility to $110 million, (d) reduced the spread over LIBOR on the Revolving Credit Facility by 25 basis points and (e) eliminated the annual limitation on capital expenditures covenant, although other existing covenants remain in place.

NPC Restaurant Holdings, LLC and its Subsidiaries, NPC International, Inc., NPC Operating Company A, Inc., and NPC Operating Company B, Inc. Enters into Amendment No. 3 to Credit Agreement

On November 21, 2012, NPC Restaurant Holdings, LLC and its subsidiaries, NPC International, Inc., NPC Operating Company A, Inc., and NPC Operating Company B entered into Amendment No. 3 to Credit Agreement with each of the lenders that is a signatory thereto, and Barclays Bank PLC, as administrative agent. Pursuant to Amendment No. 3, the existing credit agreement of the company (as guarantor) and its subsidiaries was amended and restated as the $468,125,000 Second Amended and Restated Credit Agreement dated as of November 21, 2012 among the company and its subsidiaries, the other guarantors party thereto, each of the lenders that is a party thereto from time to time, and Barclays Bank PLC, as administrative agent, collateral agent for the Secured Parties and Issuing Bank. The company and its subsidiaries entered into Amendment No. 3 in order to refinance the subsidiaries' existing indebtedness under the credit agreement. The refinancing resulted in a 75 basis point reduction in the spread over LIBOR on Term Loan borrowings and a 175 basis point reduction in the spread over LIBOR on the existing Revolving Credit Facility. The refinancing also extended the maturity date of the Revolving Credit Facility by one year to December 28, 2017.

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