News • 03/09/2023
On March 3, 2020, Loop Capital markets served as a co-manager on a three-tranche, $2.0 billion, senior unsecured bond offering for McDonald’s. The notes are rated Baa1/BBB+ across 5.5-, 10- and 29.5-year tenors. The transaction’s 29.5-year tranche was a re-opening of a $1.0 billion new issue bond originally offered by McDonald’s on 8/7/2019.
McDonald’s intends to use the net proceeds of the offering for refinancing and various general corporate purposes.