secwatch.observer — SEC 8-K summary
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Issuer:     Restaurant Brands International Limited Partnership (RSTRF)
CIK:        0001618755
Form:       8-K
Filed at:   2023-09-21T23:59:59+00:00
Accession:  0001618755-23-000045
Event type: debt
Sentiment:  positive
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1618755/000161875523000045/0001618755-23-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1618755/000161875523000045/qsr-20230921.htm
  HTML page:      https://secwatch.observer/filing/0001618755-23-000045

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