Deals 03/03/2020

Loop Capital Markets serves as co-manager on $2.0 billion senior unsecured bond offering for McDonald’s Corporation

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.