The Big Tasty: McDonald’s bonds are a hit

McDonalds sign PA 230x150
By Ross Lancaster
26 Apr 2016

Investors gorged themselves on McDonald’s bonds on Tuesday, as the US hamburger restaurant chain issued €2.5bn of bonds in three tranches, which were nearly six times oversubscribed.

There had been some indication earlier this week that the frenetic pace of investors’ enthusiasm for new corporate bond issues might be dimming. While Unilever and ABB, Monday’s issuers, found strong demand for their trades, the levels of oversubscription were more modest than some of the ...

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