08:29 AM EDT, 06/06/2024 (MT Newswires) -- Restaurant Brands International (QSR) and issuers 1011778 BC Unlimited Liability and New Red Finance said Thursday they have launched an offering of $1 billion in aggregate principal amount of First Lien Senior Secured Notes due 2029.

The quick service restaurant company intends to use the net proceeds to refinance part of the Issuers' existing term loan B facility and cover related costs, with any remaining funds allocated for general corporate purposes.

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