Cahill Represents Initial Purchasers in $1.5 Billion Notes Offering for Subsidiaries of Restaurant Brands International Inc.
Cahill represented the initial purchasers in connection with a Rule 144A add-on offering of $1,500,000,000 aggregate principal amount of 4.000% second lien senior secured notes due 2030 by 1011778 B.C. Unlimited Liability Company and New Red Finance, Inc., two subsidiaries of Restaurant Brands International Inc. Proceeds from the offering were used to refinance existing indebtedness. Restaurant Brands International Inc. is one of the world's largest quick service restaurant companies and owner of the franchise quick service restaurant brands – TIM HORTONS®, BURGER KING®, and POPEYES®.