Arcos Dorados Announces Proposed Offering of Senior Notes
17 Enero 2025 - 7:24AM
Business Wire
Arcos Dorados Holdings Inc. (NYSE: ARCO) (“Arcos Dorados” or the
“Company”) today announced that its subsidiary Arcos Dorados B.V.
(the “Issuer”) intends to offer senior unsecured notes (the
“Notes”) in a private placement to qualified institutional buyers
in accordance with Rule 144A under the Securities Act of 1933, as
amended (the “Securities Act”), and outside the United States to
non-U.S. persons in accordance with Regulation S under the
Securities Act. The Notes are expected to be guaranteed on a senior
unsecured basis by the Company and certain of the Company's
subsidiaries.
The timing of pricing and terms of the Notes are subject to
market conditions and other factors. The proceeds from the Notes
offering will be used by the Issuer: (i) to fund a tender offer
conducted by the Company to purchase for cash any and all of its
outstanding 5.875% senior notes due 2027; and (ii) for general
corporate purposes.
This press release does not constitute an offer to sell or a
solicitation of an offer to buy these securities, nor will there be
any sale of these securities, in any state or jurisdiction in which
such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any
state or jurisdiction. The Notes and related guarantees have not
been registered under the Securities Act, or any applicable state
securities laws, and will be offered only to qualified
institutional buyers pursuant to Rule 144A promulgated under the
Securities Act and outside the United States to non-U.S. persons in
accordance with Regulation S under the Securities Act. Unless so
registered, the Notes and related guarantees may not be offered or
sold in the United States except pursuant to an exemption from the
registration requirements of the Securities Act and any applicable
state securities laws.
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About Arcos Dorados
Arcos Dorados is the world’s largest independent McDonald’s
franchisee, operating in Latin America and the Caribbean. It has
the exclusive right to own, operate and grant franchises of
McDonald’s restaurants in 20 Latin American and Caribbean countries
and territories with more than 2,400 restaurants, operated or
franchised by the Company or by its sub-franchisees, that together
employ more than 100,000 people (as of 09/30/2024). The Company is
also committed to the development of the communities in which it
operates, to providing young people their first formal job
opportunities and to utilize its Recipe for the Future to achieve a
positive environmental impact. Arcos Dorados is listed for trading
on the New York Stock Exchange (NYSE: ARCO). To learn more about
the Company, please visit the Investors section of our website:
www.arcosdorados.com/ir.
Cautionary Statement on Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. Forward-looking statements often are proceeded by words such
as “believes,” “expects,” “may,” “anticipates,” “plans,” “intends,”
“assumes,” “will” or similar expressions. The forward-looking
statements contained herein include statements about the Company’s
Notes offering and its intended use of proceeds therefrom. These
expectations may or may not be realized. Some of these expectations
may be based upon assumptions or judgments that prove to be
incorrect. In addition, Arcos Dorados’ business and operations
involve numerous risks and uncertainties, many of which are beyond
the control of Arcos Dorados, which could result in Arcos Dorados’
expectations not being realized or otherwise materially affect the
financial condition, results of operations and cash flows of Arcos
Dorados. Some of the factors that could cause future results to
materially differ from recent results or those projected in
forward-looking statements are described in Arcos Dorados’ filings
with the United States Securities and Exchange Commission.
The forward-looking statements are made only as of the date
hereof, and Arcos Dorados does not undertake any obligation to (and
expressly disclaims any obligation to) update any forward-looking
statements to reflect events or circumstances after the date such
statements were made, or to reflect the occurrence of unanticipated
events. In light of the risks and uncertainties described above,
and the potential for variation of actual results from the
assumptions on which certain of such forward-looking statements are
based, investors should keep in mind that the results, events or
developments disclosed in any forward-looking statement made in
this document may not occur, and that actual results may vary
materially from those described herein, including those described
as anticipated, expected, targeted, projected or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20250117446719/en/
Investor Relations Contact Dan Schleiniger VP of Investor
Relations Arcos Dorados daniel.schleiniger@mcd.com.uy
Media Contact David Grinberg VP of Corporate
Communications Arcos Dorados david.grinberg@mcd.com.uy
Arcos Dorados (NYSE:ARCO)
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De Dic 2024 a Ene 2025
Arcos Dorados (NYSE:ARCO)
Gráfica de Acción Histórica
De Ene 2024 a Ene 2025