Bulletin: Dunkin Brands Acquisition Unlikely To Have Near-Term Credit Impact On Related Whole Business Securitizations - S&P Global Ratings’ Credit Research

Bulletin: Dunkin Brands Acquisition Unlikely To Have Near-Term Credit Impact On Related Whole Business Securitizations

Bulletin: Dunkin Brands Acquisition Unlikely To Have Near-Term Credit Impact On Related Whole Business Securitizations - S&P Global Ratings’ Credit Research
Bulletin: Dunkin Brands Acquisition Unlikely To Have Near-Term Credit Impact On Related Whole Business Securitizations
Published Nov 04, 2020
3 pages (1307 words) — Published Nov 04, 2020
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About This Report

  
Abstract:

NEW YORK (S&P Global Ratings) Nov. 4, 2020--S&P Global Ratings stated today that IRB Holding Corp.'s (Inspire Brands') agreement to acquire Dunkin Brands will not, in and of itself, affect S&P Global Ratings' ratings on whole business-backed securities (WBS) transactions issued by related entities, including DB Master Finance LLC, Sonic Capital LLC, Arby's Funding LLC, and Jimmy John's Funding LLC ("the related entities"). Upon the announcement of the acquisition on Oct. 30, 2020, S&P Global Ratings placed its 'B' issuer credit rating (ICR) on Inspire Brands on CreditWatch with positive implications, (see "IRB Holding Corp. Ratings Placed On CreditWatch Positive On Announcement Of Dunkin' Brands Acquisition" published Nov. 2, 2020). However, because the WBS transaction ratings are not directly linked

  
Report Type:

Bulletin

Ticker
1568321D
Issuer
IRB Holding Corp.
GICS
Restaurants (25301040)
Sector
Global Issuers, Public Finance, Structured Finance
Country
United States
Region
United States
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Bulletin: Dunkin Brands Acquisition Unlikely To Have Near-Term Credit Impact On Related Whole Business Securitizations" Nov 04, 2020. Alacra Store. May 09, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Dunkin-Brands-Acquisition-Unlikely-To-Have-Near-Term-Credit-Impact-On-Related-Whole-Business-Securitizations-2550009>
  
APA:
S&P Global Ratings’ Credit Research. (). Bulletin: Dunkin Brands Acquisition Unlikely To Have Near-Term Credit Impact On Related Whole Business Securitizations Nov 04, 2020. New York, NY: Alacra Store. Retrieved May 09, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-Dunkin-Brands-Acquisition-Unlikely-To-Have-Near-Term-Credit-Impact-On-Related-Whole-Business-Securitizations-2550009>
  
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