NEW YORK (CNNMoney.com) - Burger King expects to raise around $375 million to $425 million through its initial public offering, according to a SEC filing the company made Tuesday.

The company expects to sell about 25 million shares at an estimated price between $15 and $17 a share. Some of that money will go to underwriters.

If the IPO prices at the midpoint of the expected range, Burger King would have a market capitalization of about $2.1 billion, according to share information included in the filing.

Miami, Fla.-based Burger King said it will use the money raised to pay back loans and that it doesn't expect much of it to be invested in its business.

Private-equity funds controlled by Texas Pacific Group, Bain Capital Partners and the Goldman Sachs Funds will be controlling shareholders of the company after it goes public.

The company has proposed to list on the New York Stock Exchange under the ticker "BKC."

According to Burger King's own estimates, it is the world's No. 2 fast food hamburger chain by number of restaurants and sales.

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