The Wendy's Company announced that certain subsidiaries have commenced marketing a financing transaction for an offering of a new series of securitized notes under their existing securitized financing facility. The subsidiaries intend to issue a combined aggregate principal amount of $400 million in new fixed rate senior secured notes, designated as the Series 2025-1 Class A-2 Notes. Proceeds from the sale are expected to be used for the repayment of the Company's outstanding Series 2019-1 3.783% Fixed Rate Senior Secured Notes, Class A-2-I, repayment of the Company's 7.00% Debentures due December 15, 2025, payment of transaction fees and expenses, and for general corporate purposes, which may include funding growth initiatives, returning capital to shareholders, and additional repayment of existing debt. The consummation of the offering is subject to market and other conditions. Specific details on price, maturity date, and interest rate for the new issuance were not provided in the document. No URL for the full prospectus was included.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Wendy's Company published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-276128), on November 12, 2025, and is solely responsible for the information contained therein.
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