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Restaurant Brands International Inc. Announces Pricing of Financing Transactions
QSRRestaurant Brands International(QSR) Prnewswire·2024-06-06 23:56

RBI Raises $1.2B of 6.125% Senior Secured Notes due 2029 to Refinance a Portion of its Existing Term Loan B Facility RBI to Reprice its Existing Term Loan B Facility due September 2030 from SOFR plus 2.25% to SOFR plus 1.75% Transactions are Expected to be Net Leverage Neutral and Expected to Result in Annualized Net Interest Savings RBI expects to use the net proceeds from the offering of the Notes to refinance a portion of the Issuers' existing term loan B facility due in September 2030 (the "Term Loan B ...