NEW YORK, Sept. 25, 2015 /CNW/ - On September 24, 2015, 3G Special Situations Fund II, LP ("3G SSFII") completed an internal restructuring of its holdings. In connection with the internal restructuring, 3G SSFII formed 3G Restaurant Brands Holdings LP ("3G RBH") and transferred to it all of its interests in Restaurant Brands International Limited Partnership ("RBI LP"). 3G RBH was formed for the purpose of continuing to hold 3G SSFII's interests in RBI LP for the benefit of 3G SSFII's former limited partners and general partner. In consideration for the transfer, 3G SSFII received limited partnership interests in 3G RBH. The transferred 243,858,915 RBI LP exchangeable units are the sole assets of 3G RBH, representing approximately 92.01% of RBI LP's outstanding exchangeable units. On an exchanged basis, these units would represent 243,858,915 common shares of Restaurant Brands International Inc. ("RBI"), or approximately 54.64% of its outstanding common shares (52.17% on a fully-diluted basis) as of July 20, 2015.
Additional details regarding this internal transfer can be found in early warning reports to be filed by each of 3G SSFII and 3G RBH pursuant to Canadian securities laws under the SEDAR profiles of RBI and RBI LP at www.sedar.com. From time to time, 3G RBH may acquire or dispose of securities of RBI or RBI LP depending upon a number of factors, including but not limited to general market and economic conditions and other available investment opportunities.
SOURCE 3G Special Situations Fund II, L.P.
For further information: Brunswick Group, Steve Lipin, (212) 333-3810; The address for both 3G SSFII and 3G RBH is: c/o 3G Capital, Inc., 600 Third Avenue, 37th Floor, New York, New York 10016