Arcos Dorados joins corp pipe after Unicomer success

McDonalds sign PA 230x150
By Oliver West
23 Mar 2017

Moody’s gave the world’s largest operator of McDonald's franchises a lift as it prepares to return to bond markets with a $300m 10 year deal.

Arcos Dorados said on Thursday that it was planning to issue new senior unsecured bonds to repay a secured loan provided by Citi, Itaú, JP Morgan and Santander and to finance an ongoing tender offer for its existing 2023s.

B1/BB+ rated Arcos Dorados, which operates McDonald's franchises across Latin ...

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