McDonald's Corp, founded in 1940, is headquartered in Chicago, Illinois, focusing on being the world's leading quick-service restaurant chain. The company serves millions of customers daily, offering a diverse menu that includes burgers, fries, breakfast items, and beverages, primarily through its franchise model.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
McDonald's has a long history of bond issuance, having first entered the debt capital markets in 1984. Notably, in 2020, the company issued $2 billion in senior unsecured notes with maturities ranging from 3 to 10 years, aimed at bolstering liquidity amid the COVID-19 pandemic. As of late 2023, McDonald's bonds are yielding around 4.5%, slightly below the average yield of comparable investment-grade corporate bonds. Additionally, the company's bonds benefit from robust credit ratings, reflecting its strong market position and operational resilience.