Jersey Mike's Subs Inc. Files for IPO
Jersey Mike’s Subs Inc., a sandwich chain with 3,300 units, has filed confidentially for an initial public offering (IPO) and expects to raise up to $1 billion by issuing shares between $21 and $25 each under the ticker symbol JMKE. The IPO proceeds will be used primarily to pay down debt.
Tickers: $BX
Topics: Blackstone debt repayment franchise IPO