ADVFN - Advanced Financial Network.
HOME» NYSE » M » MCD Stock Price » MCD Stock News

Mcdonalds Share News

 Mcdonalds Corp Stock Price
MCD Stock Price
 Mcdonalds Corp Stock Chart
MCD Stock Chart
 Mcdonalds Corp Stock News
MCD Stock News
 Mcdonalds Corp Company Information
MCD Company Information
 Mcdonalds Corp Stock Trades
MCD Stock Trades

McDonald's Selling Two-Part Bond Combo; Market Weakening

By Patrick McGee Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- Corporate bonds are weakening as risk-aversion takes hold of investors, but McDonald's (MCD) is lovin' it. The burger chain has upsized its two-part bond combo to $900 million, from $750 million when it reported its borrowing plans just before the equity market opened. McDonald's attained a corporate market record-low 3.70% coupon for 30-year bonds when it last issued debt in February. This time around, it is selling three-year notes at 0.45 percentage points over Treasurys and seven-year notes at 0.88 points over Treasurys. Earlier price guidance was slightly higher for each tranche, suggesting strong demand. The deal is being led by Bank of America Merrill Lynch, Goldman Sachs Group, J.P. Morgan Chase & Co., Morgan Stanley, and Wells Fargo & Co. Meantime, high-grade corporate bonds aren't immune to the broader selloff. Bank bonds are leading the way downward, as is typical. Morgan Stanley 4.75% coupon bonds due 2014 have declined to $98.162 from $98.286. Their yields soared 0.73 percentage points to 5.814%. Markit's CDX North America Investment Grade Index, a proxy for risk, shot up 2% in early afternoon-trading to 121 basis points. A basis point is one-hundredth of a percentage point, and the figure represents the annual cost to insure bonds for five years. At this level, the annual cost to insure $10 million of bonds would be $121,000. On Tuesday, the cost had fallen to $117,000 on two days of improving sentiment. On Friday, it was $124,000, the costliest of 2012. -By Patrick McGee, Dow Jones Newswires; 212-416-2382;

Stock News for Mcdonalds (MCD)
02/02/201622:50:00Fresh Ingredients Came Back to Haunt Chipotle
02/02/201614:13:43Statement of Changes in Beneficial Ownership (4)
02/02/201614:11:18Statement of Changes in Beneficial Ownership (4)
02/01/201610:13:00U.S. Food Firm Challenges Chinese Verdict in Meat Scandal
02/01/201605:21:00Chinese Court Fines OSI Group Over 2014 Meat Scandal
01/29/201610:46:14Current Report Filing (8-k)
01/28/201615:01:45Statement of Changes in Beneficial Ownership (4)
01/28/201614:57:19Statement of Changes in Beneficial Ownership (4)
01/28/201614:53:20Statement of Changes in Beneficial Ownership (4)
01/28/201614:49:37Statement of Changes in Beneficial Ownership (4)
01/27/201616:30:00McDonald's Announces Quarterly Cash Dividend
01/26/201616:44:53Amended Statement of Ownership (sc 13g/a)
01/26/201603:02:00All-Day Breakfast Fuels McDonald's
01/25/201610:51:00McDonald's Earnings Climb on U.S. Strength -- 2nd Update
01/25/201608:52:00McDonald's Earnings Climb on U.S. Strength--Update
01/25/201608:50:00McDonald's Earnings Climb on U.S. Strength
01/25/201608:42:00McDonald's Earnings Climb on U.S. Strength
01/25/201608:00:59Current Report Filing (8-k)
01/25/201607:58:00McDonald's Reports Fourth Quarter And Full Year 2015 Results
01/25/201603:02:00McDonald's Still Offers A Treat -- Ahead Of The Tape

Mcdonalds and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations