February 13, 2011
Canton, Mass.-based Dunkin' Brands Inc., parent company of Dunkin' Donuts and Baskin-Robbins, announced it is proposing to increase its term loan up to $150 million.
The total debt of the company will remain unchanged as the incremental proceeds raised will be used to repay a portion of its senior notes.
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. The company's system-wide sales were approximately $7.7 billion.