---
schema_version: "secwatch.filing_event.v1"
accession: "0001618755-23-000045"
form_type: "8-K"
ticker: "RSTRF"
cik: "0001618755"
company_name: "Restaurant Brands International Limited Partnership"
filed_at: "2023-09-21T23:59:59+00:00"
generated_at: "2026-06-10T10:43:00.805338+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Restaurant Brands amends credit facilities: revolver to $1.25B, maturities extended

## Summary
- Revolving credit facility increased from $1.0B to $1.25B, maturity extended to September 21, 2028.
- Term Loan A facility increased to $1.275B, maturity extended to September 21, 2028.
- Term Loan B facility increased to $5.175B, interest rate set at SOFR + 225 bps, maturity extended to September 21, 2030.
- Removed 10 bps term SOFR adjustment; certain covenants modified to provide increased flexibility.
- Existing hedging arrangements (through October 2028) remain; proportion of hedged floating-rate exposure unchanged.

## SEC filing metadata
- accession: 0001618755-23-000045
- form_type: 8-K
- ticker: RSTRF
- cik: 0001618755
- company_name: Restaurant Brands International Limited Partnership
- filed_at: 2023-09-21T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1618755/000161875523000045/0001618755-23-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1618755/000161875523000045/qsr-20230921.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001618755-23-000045
- JSON: https://secwatch.observer/filing/0001618755-23-000045.json
- Plain text: https://secwatch.observer/filing/0001618755-23-000045.txt

## Key facts
- Debt Financings
  Restaurant Brands International Limited Partnership amended term loan of $5,163 million to $5,175 million with JPMorgan Chase Bank, N.A. at SOFR plus 225 basis points maturing November 19, 2026 to September 21, 2030.
  - Instrument: term loan
  - Principal: $5,163 million to $5,175 million
  - Counterparty: JPMorgan Chase Bank, N.A.
  - Rate: SOFR plus 225 basis points
  - Maturity: November 19, 2026 to September 21, 2030
  - Event: amendment
  source text: increases the $5,163 million term loan B facility to a $5,175 million term loan B facility (the "Term Loan B Facility"), increases the interest rate on the Term Loan B Facility to SOFR plus 225 basis points, and extends the maturity date from November 19, 2026 to September 21, 2030
  evidence_url: https://www.sec.gov/Archives/edgar/data/1618755/000161875523000045/0001618755-23-000045-index.htm
- Debt Financings
  Restaurant Brands International Limited Partnership amended revolving credit of $1,000 million to $1,250 million with JPMorgan Chase Bank, N.A. at leverage-based spread to adjusted SOFR, unchanged maturing December 7, 2026 to September 21, 2028.
  - Instrument: revolving credit
  - Principal: $1,000 million to $1,250 million
  - Counterparty: JPMorgan Chase Bank, N.A.
  - Rate: leverage-based spread to adjusted SOFR, unchanged
  - Maturity: December 7, 2026 to September 21, 2028
  - Event: amendment
  source text: The 2023 Amendment (1) increases the availability under the senior secured revolving credit facility (the "Revolving Credit Facility") from $1,000 million to $1,250 million and extends the maturity date from December 7, 2026 to September 21, 2028 without changing the leverage-based spread to adjusted SOFR
  evidence_url: https://www.sec.gov/Archives/edgar/data/1618755/000161875523000045/0001618755-23-000045-index.htm
- Material Agreements
  Restaurant Brands International Limited Partnership amended Amendment No. 7 with 1013421 B.C. Unlimited Liability Company, as holdings, the guarantors party thereto, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent (effective 2023-09-21).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: 1013421 B.C. Unlimited Liability Company, as holdings, the guarantors party thereto, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent
  - Effective: 2023-09-21
  source text: holly owned subsidiary of the Issuer (the “Subsidiary Borrower” and, together with the Parent Borrower, the “Borrowers”), each a subsidiary of Restaurant Brands International Inc., a corporation organized under the laws of Canada (the “Company”), entered into Amendment No. 7 (the “2023 Amendment”) to the Credit Agreement, dated as of October 27, 2014, as previously amended, (as amended, the “Credit Agreement”), by and among Borrowers, 1013421 B.C.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1618755/000161875523000045/0001618755-23-000045-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.