Restaurant Brands International (TSE:QSR) has released an update.
Restaurant Brands International Inc. is seeking to bolster its financial position by launching a $1 billion offering of First Lien Senior Secured Notes due in 2029, primarily to refinance existing debt and cover related expenses. Potential investors include qualified institutional buyers in the U.S. and those outside the U.S. under specific regulations, with the company aiming to strengthen its capital structure without registering the securities under the U.S. Securities Act. RBI, a major player in the quick service restaurant industry, owns popular brands like Tim Hortons and Burger King and emphasizes sustainable practices through its ‘Restaurant Brands for Good’ initiative.
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