trending Market Intelligence /marketintelligence/en/news-insights/trending/1unKnOi1l0TM_1IQp4KURQ2 content esgSubNav
Discover more about S&P Global’s offerings
In This List

Yum! Brands grosses $1.05 billion from debt offering
Podcast

Street Talk | Episode 108 - Weighing Fed rate hikes against banks' liquidity crunch

Blog

Snapshot: The Ripple Effects of 2023 Bank Failures

Podcast

Master of Risk | Episode 1: Discussion with Natalia Hunik, CRO, Cubelogic

Case Study

A Private Equity Firm Leverages Technology to Optimize Data Management and Analysis


Yum! Brands grosses $1.05 billion from debt offering

Yum! Brands Inc. raised gross proceeds of $1.05 billion from an offering of 5.00% senior unsecured notes due June 1, 2024.

The company plans to use the proceeds for general corporate purposes or working capital and redemption or repayment of debt securities.

Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and Wells Fargo Securities LLC were the lead underwriters.

Barclays Capital Inc., Fifth Third Securities Inc., ICBC Standard Bank PLC, Merrill Lynch Pierce Fenner & Smith Inc., MUFG Securities Americas Inc., Rabo Securities USA Inc., Scotia Capital (USA) Inc. and Williams Capital Group LP also served as underwriters for the offering.