Dunkin’ Brands Announces Proposed Financing

Dunkin’ Brands, the parent company of two of the world’s most recognized brands, Dunkin’ Donuts and Baskin-Robbins, today announced that Dunkin’ Finance Corp., a corporate finance entity, proposes to raise approximately $625 million through an offering of senior notes. The proceeds from the notes offering would be used, together with borrowings under a new approximately $1.35 billion senior credit facility and available cash, to repay in full the outstanding securitization debt of Dunkin’ Brands’ securitization subsidiaries and to pay a cash dividend to Dunkin’ Brands’ stockholders. Following repayment of the securitization debt, the notes would be assumed by Dunkin’ Brands.

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Franchisees as Stakeholders: Your Rightful Claim

DDIFO’s first National Members Meeting on September 21 at the Mohegan Sun was chock-full of valuable information for franchise owners, but perhaps the most compelling presentation — The Franchisor In Play: Your Role as a Stakeholder, Not a Spectator — came from attorney Eric Karp. Karp’s message about the role franchise owners need to take in advance of and during a sale of the franchisor resonated strongly with the franchisees in attendance. DDIFO Members Only.

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A Signing for Small Business

Kent Hoover reports at Portfolio.com that as President Obama he signed a hard-fought small-business lending measure into law, he said it is the “most significant step” to help small firms in more than a decade. President Barack Obama signed the Small Business Jobs Act into law, calling it “the most significant step on behalf of our small businesses in more than a decade.”

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Direct Capital Streamlines Franchise Financing

After a decade of working with Dunkin’ Donuts and Baskin-Robbins franchise owners, Direct Capital Franchise Group (Direct Capital) is enhancing and expanding its services in ways that aim to ease your access to financing and better meet your needs. Its staff members have the direct experience and knowledge to guide and support you every step of the way, and now, as a DDIFO Sponsor, the firm is even more invested in its relationship with Dunkin’ Donuts franchisees.

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Senate Set to Pass Small-business Bill

Jay Heflin reports at The Hill that Senate Small Business Chairwoman Mary Landrieu (D-La.) on Wednesday said her chamber will pass legislation by the end of the week that creates a $30 billion lending pool for small businesses and provides approximately $12 billion in tax relief for these organizations. Take Action contact your elected officials

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NJ Woman uses Proceeds from $45m. Ponzi Scheme to Buy a Dunkin Donuts Franchise

A Montclair, NJ woman surrendered to the FBI yesterday on charges of running a $45 million real estate investment Ponzi scheme, the U.S. Attorney’s office in Manhattan announced. Authorities said Hodgson allegedly spent hundreds of thousands of dollars at casinos in Atlantic City and Las Vegas, and spent more than $700,000 on a Dunkin Donuts franchise in Arizona, according to court papers.

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TD Bank buys S.C.-based South Financial

The Boston Business Journal reports that TD Bank Financial Group, the parent of TD Bank, said Monday it has struck a deal to acquire a money-losing South Carolina-based bank with an elevated amount of problem loans on its balance sheet. Editor’s note: TD Bank is a DDIFO Sponsor.

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Financing Programs Aim to Help Franchisees

Emily Maltby reports in the Wall Street Journal that Arthur Romanov and Irina Salgan opened their sixth Edible Arrangements fruit-basket shop recently to take advantage of low real-estate prices and easy-to-negotiate contractor bids.

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CKE Restaurants to Be Acquired by Apollo Affiliate

Bloomberg BusinessWeek reports that CKE Restaurants Inc., operator of the Carl’s Jr. and Hardee’s fast-food chains, said it will sell itself to an affiliate of Apollo Management LP for $12.55 a share in cash, or about $694 million.

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