2 days ago
Domino's to Raise $1.32 Billion in ABS Sale to Repay Old Debt
Domino's Pizza Inc. has kicked off a $1.32 billion bond sale backed by most of its assets to refinance its debt.
The pizza chain aims to sell a two-part fixed-rate bond with an initial size of $1 billion. Each tranche will be at least $300 million. It will also raise $320 million through a variable funding note facility, not offered to investors.
