Dunkin' Brands Completes Securitization Refinancing
The 2019 Notes include
The proceeds from the placement of the Senior Notes will be used to prepay and retire all of the Company's outstanding 2015 Class A-2 fixed rate senior secured notes (the "2015 Notes") and to pay fees and expenses related to the issuance of the 2019 Notes. The Master Issuer will use approximately
The 2019 Notes also include a new
The Master Issuer and its subsidiaries hold or have the right to receive payments on substantially all of the Company's revenue-generating assets and will use cash flows generated from these assets to make interest and principal payments on the 2019 Notes.
This press release does not constitute an offer to sell or the solicitation of an offer to buy the 2019 Notes or any other security. The notes have not been, and will not be, registered under the Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act of 1933.
With more than 20,900 points of distribution in more than 60 countries worldwide,
Certain statements contained herein are not based on historical fact and are "forward-looking statements" within the meaning of the applicable securities laws and regulations. Generally, these statements can be identified by the use of words such as "anticipate," "believe," "could," "estimate," "expect," "feel," "forecast," "intend," "may," "plan," "potential," "project," "should," or "would," and similar expressions intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements reflect management's analysis as of the date of this press release. Important factors that could cause actual results to differ materially from our expectations are more fully described in our other filings with the
Stacey Caravella (Investors), Sr. Director, IR & Competitive Intelligence, Dunkin' Brands Group, Inc., firstname.lastname@example.org, 781-737-3200; Michelle King (Media), Sr. Director, Global Public Relations, Dunkin' Brands Group, Inc., email@example.com, 781-737-5200