DineEquity to offer $825M in senior notes

Company also reported positive sales trends at both brands

DineEquity Inc. said Wednesday it plans to offer up to $825 million in its senior unsecured notes, and also reported that same-store sales were up for both its Applebee’s and IHOP brands for most of the third quarter.

The notes, which are due in 2018, are expected to be guaranteed by DineEquity's current and future domestic subsidiaries, according to a statement from the Glendale, Calif.-based company.

The offering will be used to fund the earlier cash tender offers for ou

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