Taco Bell, a Subsidiary of YUM! Brands, to Raise $1.5 Billion Through Senior Secured Notes
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 10 2025
0mins
Source: NASDAQ.COM
Taco Bell's Note Issuance: YUM! Brands Inc. has entered a purchase agreement for Taco Bell Funding, LLC to issue $1 billion in 4.821% Fixed Rate Senior Secured Notes and $500 million in 5.049% Fixed Rate Senior Secured Notes, with interest payable quarterly.
Use of Proceeds: The proceeds will be used to repay outstanding notes, cover transaction-related expenses, support general corporate purposes, and potentially return capital to YUM! Brands shareholders, with the sale closing expected on September 24, 2025.
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Analyst Views on YUM
Wall Street analysts forecast YUM stock price to rise
21 Analyst Rating
7 Buy
14 Hold
0 Sell
Moderate Buy
Current: 154.320
Low
145.00
Averages
164.33
High
185.00
Current: 154.320
Low
145.00
Averages
164.33
High
185.00
About YUM
YUM! Brands, Inc. and its subsidiaries franchise or operate a system of approximately 61,000 restaurants in 155 countries and territories under the concepts of KFC, Taco Bell, Pizza Hut and The Habit Burger Grill. It consists of four operating segments: The KFC Division, which includes its worldwide operations of the KFC concept; The Taco Bell Division, which includes its worldwide operations of the Taco Bell concept; The Pizza Hut Division, which includes its worldwide operations of the Pizza Hut concept; and The Habit Burger Grill Division, which includes its worldwide operations of the Habit Burger Grill concept. It develops, operates, or franchises a system of both traditional and non-traditional restaurants. KFC restaurants offer fried and non-fried chicken products. Taco Bell offers Mexican-style food products. Pizza Hut specializes in the sale of ready-to-eat pizza products. The Habit Burger Grill offers chargrilled burgers and sandwiches made-to-order over an open flame.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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See More
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See More
