Restaurant Brands International (TSE:QSR) has released an update.
Don't Miss our Black Friday Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Restaurant Brands International Inc. has priced a $500 million offering of 5.625% senior secured notes due in 2029, which are set to fund the redemption of their 2025 notes of the same value. The transaction, expected to close on September 13, 2024, is designed to maintain the company’s net leverage while improving interest expenses. The offering targets qualified institutional buyers and international investors, excluding the U.S. public market.
For further insights into TSE:QSR stock, check out TipRanks’ Stock Analysis page.