Dunkin’ Brands seeks to raise $460.6m in IPO - The Boston Globe

Source:
Dunkin’ sets its sights higher for IPO
By Taryn Luna
Globe Correspondent / July 12, 2011


Dunkin’ Brands seeks to raise $460.6m in IPO - The Boston Globe: "The company, which owns Dunkin’ Donuts and Baskin-Robbins, will initially sell 22.3 million shares priced between $16 and $18, with the option of selling an additional 3.3 million shares later on, according to the filing.

The proceeds from the shares, which represent 19.7 percent of the company, will be used to reduce about $475 million in debt ."

Editor's Opinion:

Time to make the donuts, hey can I borrow some dough. -Stephen C. Sanders IPDaily.biz exclusive July 18, 2011.  Please use this title for your google search to locate our ongoing coverage of Dunkin Donuts acting responsibly towards a secure financial future for their franchise as well as their share holders. (Alt- Dough for Donuts planned parts 1, 2, 3.)

This will be an interesting story to follow. Dunkin Donuts certainly is a well know franchise throughout the United States. They are already doing the right thing it seems by selling off some equity to reduce their debt.

In other words the cost of borrowing cash to pay off debt apparently according to their accountancy department simply did not add up to more dollars for their bottom line and apparently made no sense in their retail spending projections moving forward into 2012 through 2015.



Stephen C. Sanders-July 18, 2011
IPDaily.biz

Our Web Publishing Division is interested in conducting on going interviews both with our contracts at Dunkin Donuts corporate as well as with several of the independently owned and group owned franchises as specific locations in New York and New Jersey.

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