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Greenberg Traurig Represents Potbelly Corporation in Replacement of Short-Term Revolver with $25 Million Term Loan

CHICAGO – Feb. 22, 2023 – Global law firm Greenberg Traurig, LLP represented Potbelly Corporation (NASDAQ: PBPB) (“Potbelly”) in connection with its new $25 million senior secured term loan facility (the “Facility”). Sagard serves as administrative agent with respect to the Facility. Potbelly is a neighborhood sandwich shop that has been feeding customers across the country for more than 40 years – with approximately 430 shops in the United States, including 45 franchised shops.

Corporate Practice Shareholder James Doyle (Washington, D.C.) and Franchise Practice Shareholder Alan R. Greenfield (Chicago) led the Greenberg Traurig team representing Potbelly.

Additional team members included Corporate Practice Shareholders Brian L. Colborn (Delaware) and Michael D. Robson (Chicago); Real Estate Practice Shareholder Sean W. Bezark (Chicago); Tax Practice Shareholder Jeffrey K. Ekeberg (Chicago); Intellectual Property & Technology Practice Shareholder Howard E. Silverman (Chicago); Benefits & Compensation Practice Shareholder Brian Witkowski (Chicago); Corporate Practice Associates Justin H. Kleckner (Fort Lauderdale), Kyle C. Lennox (Chicago), Rodolfo M. Padilla (Washington, D.C.), and Kristy “Kitt” Ritter (Miami).

About Greenberg Traurig’s Corporate Practice: Greenberg Traurig’s Corporate Practice comprises more than 550 lawyers in the United States, Europe, Asia, the Middle East and Latin America who regularly advise public and privately held companies, entrepreneurs and investment funds on global mergers and acquisitions, corporate restructurings, private equity and venture capital, underwritten and syndicated offerings, commercial finance and syndicated lending, cross-border transactions, and general corporate matters. The group’s industry experience includes transactions in a wide range of fields, from the pharmaceutical, medical devices, and life sciences fields, to representations involving clients in the aviation, banking, consumer products, energy, food and beverage, health care, manufacturing, media, technology, and telecommunications sectors.

About Greenberg Traurig: Greenberg Traurig, LLP has more than 2650 attorneys in 44 locations in the United States, Europe, Latin America, Asia, and the Middle East. The firm is a 2022 BTI “Highly Recommended Law Firm” for superior client service and is consistently among the top firms on the Am Law Global 100 and NLJ 250. Greenberg Traurig is Mansfield Rule 5.0 Certified Plus by The Diversity Lab. The firm is recognized for powering its U.S. offices with 100% renewable energy as certified by the Center for Resource Solutions Green-e® Energy program and is a member of the U.S. EPA’s Green Power Partnership Program. The firm is known for its philanthropic giving, innovation, diversity, and pro bono. Web: