Dunkin’ Brands Seeks $460.6 Million in Initial Offering
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Dunkin’ Brands Group Inc., operator of the Dunkin’ Donuts coffee chain, is seeking to raise as much as $460.6 million in its initial public offering, 15 percent more than the company planned in May.
Dunkin’ Brands is offering 22.3 million shares for $16 to $18 each, the Canton, Massachusetts-based company said in a filing with the U.S. Securities and Exchange Commission today. The company may sell an additional 3.33 million shares, given sufficient demand.