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Dunkin’ Donuts plans nine new stores in Reno
Canton, Mass. – Dunkin’ Donuts has signed a multi-unit store development agreement with new franchise group, HT2 Franchising, LLC, to develop nine new restaurants throughout Reno, Nev. The first restaurant is expected to open in 2015 and the remainder by 2020.
With this agreement, Dunkin' Donuts franchise opportunities are sold out in Reno, but opportunities exist to grow the brand throughout the West in Colorado and California.
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J. Crew proposes bond offering
New York -- Chinos Intermediate Holdings A, Inc., the indirect parent company of J. Crew Group, Inc., intends to issue $500 million of senior PIK toggle notes due 2019. The notes will be offered and will be sold in a private placement to qualified institutional buyers in the U.S, pursuant to Rule 144A under the Securities Act of 1933, as amended, and to non-U.S. persons in transactions outside the U.S. pursuant to Regulation S under the Securities Act.