Dunkin' Brands expected to sell $625 million senior notes in November

By Paul A. Harris

St. Louis, Oct. 25 - Dunkin' Finance Corp., a financing unit of Dunkin' Brands, is expected to sell $625 million of senior notes in November, according to market sources.

J.P. Morgan Securities LLC, Barclays Capital Inc., Bank of America Merrill Lynch and Goldman Sachs & Co. will lead the Rule 144A deal.

Proceeds, together with a new approximately $1.35 billion senior credit facility and available cash, will be used to repay the outstanding securitization debt of Dunkin' Brands' securitization subsidiaries in full and to pay a cash dividend to Dunkin' Brands' stockholders.

Dunkin' Brands is the Canton, Mass.-based owner of Dunkin' Donuts and Baskin-Robbins franchised restaurants.

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