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Restaurant Brands International Inc (QSR.TO)

QSR.TO on Toronto Stock Exchange

73.47CAD
23 May 2018
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Latest Key Developments (Source: Significant Developments)

Restaurant Brands: Planning C$700 mln revamp of Tim Hortons - Conf Call
Tuesday, 24 Apr 2018 

April 24 (Reuters) - Restaurant Brands International Inc ::IN Q1 TIM HORTONS EXPERIENCED "SOFTNESS" IN COFFEE DEMAND IN CANADA - CONF CALL.LOOKING TO "MODERNIZE" TIM HORTONS RESTAURANT AND RAMP UP DIGITAL APP - CEO DANIEL SCHWARTZ CONF CALL.RESTAURANT BRANDS - SAYS EXPECTS TO SPEND C$700 MILLION OVER NEXT FOUR YEARS TO REVAMP TIM HORTONS - CEO CONF CALL.RESTAURANT BRANDS - EXPECT MOST TIM HORTONS RESTAURANTS IN CANADA TO BE REDESIGNED BY 2021- CEO CONF CALL.  Full Article

Pershing Square Capital Management‍​ cuts sole share stake in Restaurant Brands International
Wednesday, 15 Nov 2017 

Nov 14 (Reuters) - Pershing Square Capital Management::Pershing Square Capital Management‍​ cuts sole share stake in Restaurant Brands International Inc by 32.3 percent to 26.5 million shares - SEC filing.‍Pershing Square Capital Management - change in holdings are as of Sept 30, 2017 and compared with the previous quarter ended as of June 30, 2017‍​​.  Full Article

Restaurant Brands International announces intention to redeem all class A preferred shares
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Restaurant Brands International Inc :Restaurant Brands International Inc. announces intention to redeem all class A preferred shares and to repurchase 5.0 million class B exchangeable limited partnership units.Restaurant Brands - ‍intends to redeem all 68.5 million issued, outstanding class a 9.00 percent cumulative compounding perpetual voting preferred shares​.  Full Article

Restaurant brands reports Q3 ‍diluted EPS of $0.37​
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Restaurant Brands International Inc :Restaurant Brands International Inc reports third quarter 2017 results.Qtrly ‍total revenues of $1,208.6 million versus $1,075.7 million in prior year period​.Restaurant Brands International Inc - Qtrly ‍diluted EPS of $0.37​.Restaurant Brands International Inc qtrly ‍total revenues of $1,208.6 million versus $1,075.7 million in prior year period​.Restaurant Brands International Inc - Qtrly ‍adjusted diluted EPS of $0.58​.Qtrly ‍comparable sales, in constant currency, of 0.3% at tim hortons​.Q3 earnings per share view $0.49, revenue view $1.20 billion -- Thomson Reuters I/B/E/S.Restaurant Brands International -Qtrly ‍comparable sales, in constant currency, of 3.6% at burger king, and negative 1.8% at popeyes louisiana kitchen​.  Full Article

Restaurant Brands extends maturity date of revolving credit facility
Tuesday, 17 Oct 2017 

Oct 16 (Reuters) - Restaurant Brands International Inc ::Says on Oct 13, Co's units extended maturity date of senior secured revolving credit facility under deal dated Oct 27, 2014​.Says maturity date of ‍credit facility under credit agreement dated Oct 27, 2014 was extended from Dec 12, 2019 to Oct 13, 2022 - SEC Filing ​.Says extension was through existing revolving credit commitments termination, entry to amendment no. 3 to credit agreement​.  Full Article

Restaurant Brands International announces pricing of Second Lien Senior Secured Notes
Tuesday, 19 Sep 2017 

Sept 18 (Reuters) - Restaurant Brands International Inc :Restaurant brands International Inc announces pricing and upsizing of add-on offering of 5.0% second lien senior secured notes due 2025.Issuers priced their previously announced offering of 5.0% Second Lien Senior Secured Notes due 2025.Restaurant Brands International- issuers upsized offering of Sept 2017 Senior Notes from an aggregate principal amount of $1,300 million to $1,500 million.September 2017 Senior Notes were priced at a price equal to 100.500% of their face value.  Full Article

Restaurant Brands International announces launch of add-on offering
Monday, 18 Sep 2017 

Sept 18 (Reuters) - Restaurant Brands International Inc :Restaurant Brands International Inc. announces launch of add-on offering of 5.0% second lien senior secured notes due 2025.Restaurant Brands International Inc - September 2017 senior notes being offered will be issued as additional notes under indenture dated August 28, 2017​.Restaurant Brands International Inc - September 2017 senior notes will be treated as a single series with August 2017 senior notes​.Restaurant Brands International Inc - ‍ September 2017 senior notes will have substantially same terms as those of August 2017 senior notes​.Restaurant Brands - to use proceeds from offering of Sept 2017 senior notes to redeem issuers' outstanding 6.0% second lien senior secured notes due 2022​.Restaurant Brands International - ‍launched an offering of $1,300 million in aggregate principal amount of 5.0% second lien senior secured notes due 2025​.  Full Article

Restaurant Brands International announces launch of add-on offering
Monday, 18 Sep 2017 

Sept 18 (Reuters) - Restaurant Brands International Inc :Restaurant Brands International Inc announces launch of add-on offering of 5.0 percent Second Lien senior secured notes due 2025.Restaurant Brands - ‍co, 1011778 B.C. Unlimited Liability Co​ launched offering of $1,300 million of 5.0 percent Second Lien senior secured notes due 2025.Restaurant Brands International Inc - ‍Sept 2017 senior notes being offered will be issued as additional notes under indenture dated August 28, 2017​.  Full Article

Restaurant Brands International announces pricing and upsizing senior secured notes offering
Wednesday, 9 Aug 2017 

Aug 9 (Reuters) - Restaurant Brands International Inc -:Restaurant Brands International Inc announces pricing and upsizing of second lien senior secured notes offering.Issuers priced previously announced offering of 5% second lien 2025 senior notes at 100% of their face value.Issuers upsized offering of 2025 senior secured notes to $1.3 billion from $1 billion.  Full Article

Restaurant Brands launches second lien senior secured notes offering
Tuesday, 8 Aug 2017 

Aug 8 (Reuters) - Restaurant Brands International Inc :Restaurant Brands International Inc announces launch of second lien senior secured notes offering.Issuers launched offering of $1,000 million in aggregate principal amount of second lien senior secured notes due 2025​.To use proceeds from offering to redeem portion of issuers' outstanding 6.0% second lien senior secured notes due 2022​.  Full Article

Kraft Heinz seeks buzz for big brands as rivals' valuations come down

OMAHA, Neb., May 9 Ketchup, bologna and Jell-O don't excite Wall Street. But a big deal might whet its appetite for Kraft Heinz Co.