Dunkin' plans to raise $625M through notes offering

Dunkin’ Brands Inc. plans to raise $625 million through an offering of senior notes in order to pay down debt, the company said Monday.

The proceeds from the notes offering, combined with funds secured through a new $1.35 billion senior credit facility, will allow Dunkin' to repay its debt in full as well as provide a cash dividend to stockholders, the company said.

Following repayment of the securitization debt, the notes would be assumed by Dunkin’ B

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