Restaurant Brands International(US:QSR) Prnewswire·2025-11-14 01:23Core Viewpoint - Restaurant Brands International Inc. (RBI) announced a public offering of up to 17,626,570 common shares, initiated by HL1 17 LP, an affiliate of 3G Capital Partners Ltd. This offering is related to an exchange notice for Class B exchangeable limited partnership units of RBI LP [1][2]. Offering Details - The offering involves a forward sale agreement with BofA Securities, where up to 17,626,570 common shares will be sold. Of these, 9,785,784 shares are expected to be borrowed and sold through the underwriter, with an additional 7,840,786 shares available for current investors [2]. - RBI will not sell any common shares in the offering and will not receive any proceeds from the sale [3]. - The offering is expected to close on November 17, 2025, subject to customary closing conditions [5]. Company Overview - RBI is one of the largest quick service restaurant companies globally, with over $45 billion in annual system-wide sales and more than 32,000 restaurants across over 120 countries and territories. The company owns prominent brands such as TIM HORTONS®, BURGER KING®, POPEYES®, and FIREHOUSE SUBS® [7].