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; patrick.mcgee@dowjones.com

Stock News for Mcdonalds (MCD)
DateTimeHeadline
05/26/201517:30:22Current Report Filing (8-k)
05/24/201511:20:03McDonald's Delivery Service Could Be A Huge Opportunity
05/24/201511:10:02The Best Stocks for Investing in Banks
05/22/201504:50:05Bird Flu Outbreak Decimates Egg Supply
05/21/201516:30:00McDonald's Announces Quarterly Cash Dividend
05/20/201520:00:02Better Buy Now: Chipotle Mexican Grill Inc. or McDonald's Corporation?
05/20/201512:50:52Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/20/201512:46:15Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/20/201512:41:47Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/20/201512:15:10What Is the S&P 500 Index?
05/19/201519:00:15Tim Cook is Making His Mark on Apple
05/19/201516:00:16The Best Business Model for Restaurants
05/19/201513:54:47Statement of Changes in Beneficial Ownership (4)
05/19/201513:23:02Forget McDonald's, Here's a Better Fast-Food Stock
05/19/201506:01:50Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
05/18/201521:09:03The 30 Dow Jones Stocks
05/18/201516:30:14Union Tries to Court Disgruntled Franchisees
05/17/201509:15:02Does This Mean McDonald's Corp. Is in More Trouble Than We Thought?
05/15/201511:57:30Statement of Changes in Beneficial Ownership (4)
05/15/201511:55:46Statement of Changes in Beneficial Ownership (4)

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 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad