RBI subsidiary prices $500M 5.625% senior secured notes due 2029 to refinance 2025 notes

Restaurant Brands International Limited Partnership

Issuers priced $500M aggregate principal of 5.625% First Lien Senior Secured Notes due 2029 on Sept. 3, 2024.
Proceeds, plus cash on hand, will redeem $500M of outstanding 5.750% First Lien Senior Secured Notes due 2025.
Closing expected on or about Sept. 13, 2024; deal is neutral to net leverage and accretive to interest expense.
Notes are guaranteed on a first-lien basis by Holdings and its wholly owned subsidiaries; offered in private placement.

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