Burger King Holdings Inc, the fast-food restaurant chain controlled by private equity giants Texas Pacific Group, Bain Capital and Goldman Sachs, may raise up to US$400mil in an initial public offering, a regulatory filing on Thursday showed.

Terms have not been set for the offering that is expected to be lead by several leading investment banks including JPMorgan, Citigroup, Goldman, Sachs & Co, and Morgan Stanley, according to the filing with the US Securities and Exchange Commission.

The company, bought by the private equity firms in 2002, owned or franchised 11,141 restaurants in 67 countries and US territories, the filing said.

The company earned US$47mil on revenues of US$1.94bil in the year ended June 30, 2005, after earning US$5mil on revenues of US$1.75bil in the prior year, the filing said. – Reuters
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