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Dunkin' Brands Announces Secondary Offering And Repurchase Of Shares Of Its Common Stock

Stocks in this article: DNKN

CANTON, Mass., Aug. 9, 2012 /PRNewswire/ -- Dunkin' Brands Group, Inc. (Nasdaq: DNKN) (the "Company"), the parent company of Dunkin' Donuts (DD) and Baskin-Robbins (BR), today announced that certain of its stockholders (the "Selling Stockholders") intend to offer for sale in an underwritten secondary offering approximately 21 million shares of its common stock pursuant to the Company's shelf registration statement filed with the Securities and Exchange Commission. The Selling Stockholders will receive all of the proceeds from this offering. No shares are being sold by the Company.

(Logo:  http://photos.prnewswire.com/prnh/20120516/NE07970LOGO )

Citigroup will act as sole underwriter for the offering.

In addition, the Company announced that it has entered in a share repurchase agreement with certain of the Selling Stockholders pursuant to which it intends to repurchase 15 million shares of its common stock from such Selling Stockholders concurrently with the closing of the offering. The share repurchase will be effected in a private, non-underwritten transaction at a price per share equal to the price per share being paid by the underwriter to the Selling Stockholders in the offering. The Company expects to fund the repurchase with borrowings under its recently upsized term loan facility and cash on hand. The closing of the share repurchase is contingent on the closing of the offering. The closing of the offering is not contingent on the closing of the share repurchase.

The Company has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the Company has filed with the SEC for more complete information about the Company and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at: www.sec.gov.  Alternatively, copies of the prospectus supplement and accompanying prospectus relating to the offering, when available, may be obtained from: Citigroup, Brooklyn Army Terminal, 140 58th Street, Brooklyn, NY 11220 (Tel: 800-831-9146).

About Dunkin' Brands Group, Inc.



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