Restaurant Brands International $1.3 billion 5% notes issue

28/8/2017
Investment grade bond/note issue

$ 1.3 billion

Completed

28/8/2017


Overview:

  • Restaurant Brands International has issued $1.3 billion in senior notes.
  • The 5% notes are due 2025. 
  • The issuer is the owner of Burger King, Tim Hortons and Popeyes.
  • Existing debts will be covered by the proceeds from the offering.
  • JP Morgan, Wells Fargo Securities, Morgan Stanley, RBC Capital Markets, and Merrill Lynch Pierce Fenner & Smith acted as joint bookrunning managers and co-managers.

 Katrin Kostadinova - Data analyst 

Jurisdiction:

United States

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing law:

United States

Industry sector:

Food and beverage


Firms:

Party: JP Morgan (Joint bookrunner, Co-manager)

Party: Wells Fargo Securities (Joint bookrunner, Co-manager)

Party: Morgan Stanley (Joint bookrunner, Co-manager)

Party: RBC Capital Markets (Joint bookrunner, Co-manager)

Party: Merrill Lynch Pierce Fenner & Smith (Joint bookrunner, Co-manager)

Lawyer: Timothy Howell


Party: Restaurant Brands International (Issuer)