Slideshow: Who’s Getting Rich Off of the Dunkin’ IPO? Here’s the Top Shareholders

Dunkin’ Brands, which owns Dunkin’ Donuts and Baskin Robbins, is going public today.

Late yesterday, Dunkin’ Brands raised nearly $424 million after selling 22.3 million shares at $19 each. This was up from the $16 to $18 price range originally planned.

JP Morgan, Barclays Capital and Morgan Stanley are joint bookrunners on the deal. Eleven more underwriters are on the deal, including BofA Merrill Lynch and Goldman Sachs. The underwriters have the option to buy another 3.3 million shares.

Dunkin’ is expected to trade Wednesday under the Nasdaq ticker “DNKN.”

In 2005, three PE firms — Bain Capital, Carlyle Group and Thomas H. Lee Partners–acquired Dunkin’ Brands in a $2.4 billion deal. The PE firms put in equal amounts but it’s unclear how much equity was invested. However, the shareholders have received about $590 million in dividends since then. In November 2007, the sponsors received $90 million in a payout; another $500 million came in December 2010, according to SEC filings.

Dunkin’ is highly leveraged and has about $1.9 billion in long-term debt. The company, which is offering all the shares, plans to use proceeds from the IPO to pay off debt, as well as for working capital and for general corporate purposes.

Here’s a list of Dunkin’s top shareholders:

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