UNDERWRITING AGREEMENT October 16, 2007Underwriting Agreement • October 22nd, 2007 • Yum Brands Inc • Retail-eating places • New York
We (collectively, the “Manager”) are acting on behalf of the underwriter or underwriters (including ourselves) named below (such underwriter or underwriters being herein called the “Underwriters”), and we understand that YUM! Brands, Inc., a North Carolina corporation (the “Company”), proposes to issue and sell $600,000,000 aggregate principal amount ($597,552,000 initial offering price) of its 6.25% Senior Notes due March 15, 2018 (the “2018 Notes”) and $600,000,000 aggregate principal amount ($597,450,000 initial offering price) of its 6.875% Senior Notes due November 15, 2037 (the “2037 Notes” and together with the 2018 Notes, the “Debt Securities”).
