secwatch.observer — SEC 8-K summary
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Issuer:     Restaurant Brands International Limited Partnership (RSTRF)
CIK:        0001618755
Form:       8-K
Filed at:   2024-06-17T23:59:59+00:00
Accession:  0001618755-24-000044
Event type: debt
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RBI subsidiary issues $1.2B 6.125% senior secured notes due 2029; reprices Term Loan B
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- Issued $1,200M aggregate principal of 6.125% First Lien Senior Secured Notes due June 15, 2029.
- Net proceeds used to refinance a portion of the Term Loan B Facility, reducing outstanding from $5,912M to $4,750M.
- Amendment No. 10 reprices Term Loan B from SOFR+2.25% to SOFR+1.75% per annum.
- Notes are first-lien senior secured, guaranteed by Restaurant Brands International Limited Partnership and restricted subsidiaries.
- Interest payable semi-annually on June 15 and December 15, starting December 15, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1618755/000161875524000044/0001618755-24-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1618755/000161875524000044/qsr-20240617.htm
  HTML page:      https://secwatch.observer/filing/0001618755-24-000044

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