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Restaurant Brands, New Red Finance Launch $500 Million Senior Secured Notes Offering
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Restaurant Brands, New Red Finance Launch $500 Million Senior Secured Notes Offering
Sep 3, 2024 7:11 AM

09:49 AM EDT, 09/03/2024 (MT Newswires) -- Restaurant Brands International (QSR) and New Red Finance said Tuesday that they have launched an offering of $500 million of first lien senior secured notes due 2029.

Restaurant Brands expects to use the proceeds, along with cash on hand, to redeem $500 million of their outstanding 5.750% first lien senior secured notes due 2025, the companies added.

Price: 68.83, Change: -0.65, Percent Change: -0.94

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