Restaurant Brands (QSR) Commences 2.21M Share Secondary Offering
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Restaurant Brands International Inc. Announces Receipt of Exchange Notice, Intent to Use Common Shares to Satisfy Exchange and Commencement of Secondary Offering of Common Shares
February 27, 2023 4:12 PM ESTTORONTO, Feb. 27, 2023 /PRNewswire/ -Â Restaurant Brands International Inc. ("RBI" or the "Company") (TSX: QSR) (NYSE: QSR) announced today that Restaurant Brands International Limited Partnership ("RBI LP") had received an exchange notice from HL1 17 LP (the "Selling Shareholder"), an affiliate of 3G Capital Partners Ltd. ("3G Capital"), to exchange 2,213,851Â Class B exchangeable limited partnership units (the "Exchangeable Units") of RBI LP. RBI LP intends to satisfy this notice with the delivery of an equal number of common shares of RBI (the "Exchange").
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