Restaurant Brands to cancel 2,784,549 exchangeable units in cash repurchase
Reuters2026/08/10 20:46- Restaurant Brands International received a notice from 3G Restaurant Brands Holdings to exchange 2,784,549 Class B exchangeable limited partnership units in RBI LP.
- RBI LP will repurchase the units for cash using available cash on hand; the exchanged units will be cancelled, cutting fully diluted common shares by 2,784,549.
- Repurchase price will be based on the 20-day volume-weighted average price of RBI common shares on the NYSE in US dollars.
- Exchange date is scheduled for Aug. 31, 2026; the exchange notice is irrevocable.
- On an adjusted basis, 3G Restaurant Brands Holdings will hold about 21% of fully diluted common shares.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
At a sensitive moment of the "bond market storm," the market focuses on today's 30-year Japanese government bond auction.
Japan’s 30-year government bond yield has risen to 4.155%, approaching a historic high. The 30-year bond auction scheduled for Thursday is drawing significant attention. Analysts generally expect a weak result and warn that if the auction goes poorly, it could put reverse pressure on US Treasuries, prompting a repricing of the global fixed income market and potentially becoming a new trigger for rising global borrowing costs.
2-Yr Benchmark Govt Yields - Germany vs Other Nations
10-Yr Benchmark Govt Yields - Germany vs Other Nations
10-Yr Benchmark Govt Yields - U.S. vs Other Nations
Crypto prices
More
