Cahill Represents Initial Purchasers in $750 Million Notes Offering for Subsidiaries of Restaurant Brands International Inc.
Date: 09/24/19
Cahill represented the initial purchasers in connection with a Rule 144A/Regulation S offering of $750,000,000 aggregate principal amount of 3.875% first lien senior secured notes due 2028 for 1011778 B.C. Unlimited Liability Company and New Red Finance, Inc. Each of the co-issuers is a subsidiary of Restaurant Brands International Inc., one of the world’s largest quick service restaurant companies and owner of the franchise brands Burger King, Tim Horton’s and Popeye’s Louisiana Kitchen. Proceeds from the offering were used to refinance existing indebtedness.