Back to Search Start Over

Mcdonald s said to plan dollar bond deal after largest euro sale.

Authors :
Davis, Michelle F.
Source :
Bloomberg.com; 5/19/2015, pN.PAG-N.PAG, 1p
Publication Year :
2015

Abstract

McDonald's Corp. sold the most debt in its history just two weeks after its plan to boost shareholder rewards to as much as $9 billion this year triggered credit-rating reductions. Standard & Poor's and Moody's Investors Service cut the Oak Brook, Illinois-based company's credit ratings after Chief Executive Officer Steve Easterbrook on May 4 presented a company reorganization program that included returning cash to shareholders. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
140514412