Restaurant Brands International (TSE:QSR) has released an update.
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Restaurant Brands International Inc. has initiated an offering of $500 million First Lien Senior Secured Notes due 2029 to refinance existing debt and cover related expenses. This strategic financial move aims to redeem the company’s 2025 Notes, leveraging the new capital and available cash. The offering targets qualified institutional buyers and will be secured by guarantees from RBI’s subsidiaries.
For further insights into TSE:QSR stock, check out TipRanks’ Stock Analysis page.
