trending Market Intelligence /marketintelligence/en/news-insights/trending/nE6ndPyoUJhkP1qkTQS7OA2 content esgSubNav
In This List

Yum! Brands grosses $750.0 million from debt offering

Podcast

Next in Tech | Episode 72: Midyear Madness: A look the chaotic path and where it’s headed

Blog

Insight Weekly: US bank stress tests; cracks in housing market; summer energy supply risks

Blog

Breaking into Europe’s Digital Infrastructure Markets: Drivers & Trends

Blog

SVOD players open to hybrid models; Netflix and Disney to add ad-supported plans


Yum! Brands grosses $750.0 million from debt offering

Yum! Brands Inc. raised gross proceeds of $750.0 million from an offering of 4.75% senior unsecured notes due June 1, 2027.

The company plans to use the proceeds for general corporate purposes or working capital, redemption or repayment of debt securities, and repurchase of 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, ING Financial Markets LLC, 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.