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Dunkin’ Brands To Raise $400M In IPO
Dunkin’ Brands is seeking to raise about $400 million in an initial public offering.
Dunkin’ Brandsis seeking to raise about $400 million in an initial public offering,Financial Timesreports. The owner of coffee chain,Dunkin’ Donuts, and ice cream shop,Baskin Robbins,intends to use the proceeds to pay off debt and for general corporate purposes.
JPMorgan,Barclays Capital,Morgan Stanley,BofA Merrill LynchandGoldman Sachswill serve as underwriters for the deal. Canton, Massachusetts-based Dunkin’ Brands is owned byBain Capital Partners,Carlyle GroupandThomas H Lee Partners.
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