Restaurant Brands seeks term loan amendment to revise baskets

By Sara Rosenberg

New York, Nov. 16 – Restaurant Brands International Inc. launched an amendment to its term loan B to modify the general restricted payments basket and the investment basket, according to a market source.

Lenders are being offered a 12.5 basis points amendment fee, the source said.

JPMorgan Chase Bank is leading the amendment.

Consents are due at 5 p.m. ET on Nov. 29, the source added.

Restaurant Brands is a Toronto-based quick service restaurant company.

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