Arcos Dorados joins corp pipe after Unicomer success

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 ...Already a subscriber? Login