UNDERWRITING AGREEMENT August 20, 2009Underwriting Agreement • August 25th, 2009 • 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 $250,000,000 aggregate principal amount ($249,412,500 initial offering price) of its 4.25% Senior Notes due September 15, 2015 (the “2015 Notes”) and $250,000,000 aggregate principal amount ($249,622,500 initial offering price) of its 5.30% Senior Notes due September 15, 2019 (the “2019 Notes” and together with the 2015 Notes, the “Debt Securities”).
