GS News & Events

Roark Capital has picked banks to work on a U.S. initial public offering of Inspire Brands, the owner of fast-food chains Dunkin', Arby's and Jimmy John's, Bloomberg's Bailey Lipschultz reports, citing people familiar with the matter. The company selected JPMorgan (JPM) and Bank of America (BAC) for the listing, which could raise roughly $2B, the people said. An IPO could take place as soon as this year, Bloomberg News has reported. Inspire Brands is also working with Barclays (BCS), Goldman Sachs (GS), and Morgan Stanley (MS) on the offering, the sources added.

More banks are being invited to join Softbank's (SFTBY) $40B loan backing its investment in OpenAI, Apple Ka Ying Li, Kari Soo Lindberg, and Min-Jeong Lee of Bloomberg report. The deal is currently in a "soft launch" phase, with additional lenders invited to join as sub-underwriters, people familiar with the matter told Bloomberg. Any interested parties are required to commit about $5B each, the sources added. According to SoftBank, JPMorgan Chase & Co. (JPM), Goldman Sachs (GS), Mizuho Bank, Sumitomo Mitsui Banking and Mitsubishi UFJ Financial (MUFG) have underwritten the bridge facility that is set to mature on March 25, 2027.