04:19 AM EDT, 08/13/2024 (MT Newswires) -- Restaurant Brands International (QSR) said late Monday a secondary public offering of up to 6.5 million common shares by HL1 17, an affiliate of 3G Capital Partners, has been priced.

The company said the shares are being exchanged for an equal number of Restaurant Brands International Limited Partnership class B exchangeable limited partnership units.

The settlement of the exchange is expected to occur by Aug. 30.

Restaurant Brands International will not sell any shares in the offering or receive any proceeds from the sale.

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