08:10 AM EDT, 06/06/2024 (MT Newswires) -- Restaurant Brands International (QSR.TO) and two partners, 1011778 B.C. Unlimited Liability Company and New Red Finance, launched a US$1 billion offering of First Lien Senior Secured Notes due 2029.

Proceeds will be used to refinance part of an existing term loan B facility. The remainder, if any, will be used for general corporate purposes.

Restaurant Brands is up about 2% to US$72.15, in U.S. premarket trading.