Cahill Represents Initial Purchasers in $1.3 Billion Notes Offering for Restaurant Brands International
Date: 08/28/17
Cahill represented J.P. Morgan, Wells Fargo Securities, Morgan Stanley, RBC Capital Markets, and Merrill Lynch, Pierce, Fenner & Smith Incorporated as joint book-running managers and the co-managers in connection with the Rule 144A offering of $1,300,000,000 aggregate principal amount of 5.00% Second Lien Senior Secured Notes due 2025 by 1011778 B.C. Unlimited Liability Company and New Red Finance, Inc. The issuer is an indirect subsidiary of Restaurant Brands International Inc. and the indirect parent company of Burger King, Tim Hortons and Popeyes. Proceeds from the offering will be used to refinance existing indebtedness and for general corporate purposes.