Dunkin' Donuts Files For IPO

Dunkin' Brands Group Inc., Canton, Mass., the parent company of Dunkin' Donuts and Baskin-Robbins, last week filed for a proposed initial public offering (IPO) of $400 million of its common stock. All of the shares would be sold by Dunkin' Brands and no shares are being offered by existing shareholders.
Dunkin' Brands intends to use the net proceeds from the offering to fund a portion of the redemption price for the outstanding Dunkin' Brands, Inc. senior notes due 2018.
Dunkin' Brands says it has more than 16,000 points of distribution in 57 countries worldwide, At the end of 2010, Dunkin' Brands' nearly 100 percent franchised business model included 9,760 Dunkin' Donuts restaurants and 6,433 Baskin-Robbins restaurants, and the company had system-wide sales of approximately $7.7 billion.