20 September 2016

Moody's: Wagamama outclasses European high-yield casual dining peers in credit terms

In the European high-yield casual dining sector, Mabel Mezzco Limited's (Wagamama, B2 positive) strong performance and significant deleveraging in the past year mean its credit metrics outpace peers PizzaExpress Financing 1 plc (Pizza Express, B3 stable), Stonegate Pub Company Limited (Stonegate, B2 stable) and Financiere Quick S.A.S. (Quick, B3 stable), says Moody's Investors Service in a new report, titled "European Restaurant Industry - Relative Comparison: Performance and Credit Metrics of Four High-Yield European Restaurant Companies"

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