Inspire Brands files for US IPO to reduce debt

finance.yahoo.com

Inspire Brands has confidentially filed for a US initial public offering with the SEC. The restaurant company plans to use the proceeds from the share sale to reduce its existing term loan debt and cover transaction-related expenses. Inspire Brands, established in 2018, owns several popular restaurant chains including Arby's, Dunkin', and Baskin-Robbins, operating globally.


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