Dunkin’ Refinancing Billion Dollar Loan

Dunkin’ Brands Inc seeks to refinance a $1.25 billion loan due November 2017, reports Bloomberg.

“We do not like the idea of these refinancing and are happier with the higher rates,” Barbara Cappaert, an analyst at KDP Investment Advisors Inc., wrote in a report today, noting an improvement of net leverage, or debt to earnings before interest, taxes, depreciation and amortization, of 0.1 time.