---
schema_version: "secwatch.filing_event.v1"
accession: "0001618756-24-000150"
form_type: "8-K"
ticker: "QSR"
cik: "0001618756"
company_name: "Restaurant Brands International Inc."
filed_at: "2024-09-13T23:59:59+00:00"
generated_at: "2026-05-31T04:55:03.817651+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Restaurant Brands issues $500M 5.625% notes due 2029 to redeem $500M 5.75% notes due 2025

## Summary
- Issued $500M first lien senior secured notes at 5.625%, maturing Sept 15, 2029.
- Proceeds plus cash on hand to redeem all outstanding $500M 5.750% notes due 2025.
- Notes are first lien senior secured, jointly guaranteed by parent and restricted subsidiaries.
- Optional redemption: make-whole before Sept 2026, then at specified prices; up to 40% with equity proceeds.
- Change of control triggers 101% repurchase offer.

## SEC filing metadata
- accession: 0001618756-24-000150
- form_type: 8-K
- ticker: QSR
- cik: 0001618756
- company_name: Restaurant Brands International Inc.
- filed_at: 2024-09-13T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1618756/000161875624000150/0001618756-24-000150-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1618756/000161875624000150/qsr-20240913.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001618756-24-000150
- JSON: https://secwatch.observer/filing/0001618756-24-000150.json
- Plain text: https://secwatch.observer/filing/0001618756-24-000150.txt

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