Bloomin’ Brands Inc., the new Outback Steakhouse parent company, expects to raise $300 million in its initial public offering, according to documents filed Friday with the Securities and Exchange Commission. The Tampa, Fla.-based Bloomin Brands evolved from OSI Restaurant Partners and Kangaroo Holdings Inc. It said proceeds from the IPO, which it first filed for last month, will pay off $248 million in debt. Additional proceeds will be used for working capital and general corporate ...

Register to view this article

It’s free but we need to know a little about you to continually improve our content.

Why Register?

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!

Already registered? here.