Revealed! Bain, Carlyle, Thomas H. Lee To Get $500M Bite Out Of Dunkin'
Today, we’ve learned that Bain Capital, the Carlyle Group and Thomas H. Lee will be getting a $500 million dividend from Dunkin’ Brands. A few weeks ago, Dunkin’ Brands disclosed it was in the market to raise $2 billion-- via a $1.35 billion loan and $625 million in notes-- to fund a dividend to its PE backers. However, they didn’t specify how much it would be. Moody’s Investors Service kindly provided that information. Bain, Carlyle and Thomas H. Lee will be getting $500 million, or about one-fourth of the total Dunkin' is raising, according to a Nov. 11 report.
11 November 2010•2 mins read
