Company also reported positive sales trends at both brands
DineEquity Inc. said Wednesday it plans to offer up to $825 million in its senior unsecured notes, and also reported that same-store sales were up for both its Applebee’s and IHOP brands for most of the third quarter. The notes, which are due in 2018, are expected to be guaranteed by DineEquity's current and future domestic subsidiaries, according to a statement from the Glendale, Calif.-based company. The offering will be used to fund the earlier cash tender offers for outstanding ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!