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Pizza Hut Looks to Sell $1 Billion of Bonds to Fund Its Buyout

· bloomberg.com · popularity 37/100 · 0 similar stories today · Wealth, Power & Society (Society, Rights & Work)

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Summary

Pizza Hut is looking to sell around $1 billion of bonds backed by its franchise agreements and related fees, to help fund its buyout by private equity firm LongRange Capital LLC.

Found in: Bloomberg Markets. Rating basis: single outlet; outlet tier 5; 1 feeds; feed position 12.