Deals 08/09/2023

Loop Capital Markets mandated as active book-runner on $600 million medium-term notes (MTN) offering for McDonald’s Corporation

On August 9, 2023, Loop Capital Markets was mandated as an active book-runner on a $600 million MTN offering for McDonald’s Corporation. The 5-year bond is rated Baa1/BBB+. This transaction marks McDonald’s first trip to the USD bond market in 2023, and Loop’s first mandate as an active book-runner for a McDonald’s Corporation debt offering.

Use of proceeds are earmarked for general corporate purposes and debt repayment.