 鲜花( 2253)  鸡蛋( 32)
|
Tim may tap $580-mln" @! X- M/ F) n2 T3 y& j2 ^2 E J |- Q+ w
Associated Press
) S% A; N- d- f M- \
4 j) X7 o1 T- [% w q! vDUBLIN, Ohio — Canadian coffee and doughnut chain Tim Hortons Inc., which is owned by Wendy's International Inc., filed paperwork estimating it will offer 29-million shares in a price range of $18 to $20 (U.S.) per share in its upcoming initial public offering. 发行2千9百万股票,价格18-20美元,即将进入公开招股程序。# F4 ^( P2 ]. p* A2 Z
: @( Z& S- B3 Q' [
Wendy's, based in Dublin, Ohio, will continue to own about 85 per cent, or around 160-million shares, of Tim Hortons' common stock after the IPO, according to a filing Monday with the Securities and Exchange Commission. Wendy's stake could be reduced to about 83 per cent if the IPO's underwriters fully exercise an overallotment. Wendy's现时拥有Tim Hortons85%的权益,公开发行后,Wendy's的权益会降至83%
- t# k0 _ s& H5 h5 @5 b% p: n$ H
8 t0 x* @1 R& z% Z4 p2 X; b; A* c; @Wendy's intends to spin off the remaining stake to its shareholders within nine to 18 months after the IPO, which is expected in March, according to the filing. Wendy's在Tim发行后9至18个月内会逐渐减持TIM的股票。
3 i" b' h( G' i
7 {: o0 N3 T% l0 t$ n: qUnder the $20 share price estimate, the IPO could raise $580-million for Tim Hortons. Including the shares Wendy's will retain, the chain would have a market capitalization of up to $3.8-billion. 若以20发行,会为TIM筹得5亿8千万的资金,TIM的总市值达38亿
" L% D5 y8 K" l, [$ P" s# u$ ~7 b- l: Q4 y m) z1 g
Most of the money raised will be used to pay off debt Tim Hortons owes its parent company. 所筹资金主要用于支付欠母公司的债务。
( |$ L6 K" E+ l6 I# m6 n1 h* _( y4 C* Q
The stock will trade under the symbol THI on the Toronto Stock Exchange and Tim Hortons has applied for the same symbol on the New York Stock Exchange.0 \0 @* N. A$ h& c% ^) E
会在多伦多、纽约证券交易所交易,交易代码THI
! f$ f1 n2 L. m5 v) W, i3 t9 cThe offering is being underwritten by Goldman Sachs, RBC Capital Markets Corp., JPMorgan Chase and Scotia Capital.股票由高盛、JP摩根等承销1 \6 w+ F* h4 P7 M1 O: P; z$ r
5 l, w: Q2 n+ [' p Q. b' NTim Hortons has made steady sales gains during a sluggish year for Wendy's, the nation's third-largest burger chain.
/ I. K @& o8 ~( Y0 g
$ r& v& G3 L: q0 f# { W. ]' b* R: `Tim Hortons had 2,885 stores in Canada and the United States as of Jan. 1 and recorded revenues of $1.2-billion last year, according to Wendy's latest earnings report.2 b, ~+ n+ q9 e8 L
. g% H; L# N4 J( OIn a January offering of Chipotle Mexican Grill, owned by McDonald's Corp., nearly 7.9 million shares doubled in their first day of trading to close at $44.* t$ w+ [6 \9 x: U: _+ Y
/ w( N& @8 l9 p; tBurger King Holdings Inc. has announced plans to go public as well. |
|