Non-core deal of the year – McDonald’s

Non-core deal of the year – McDonald’s


Issuer: McDonald’s Corporation
Size of deal: RMB200 million
Date of issue: August 19, 2010
Maturity: September 16, 2013
Coupon: 3%

McDonald’s Corporation’s RMB200 million transaction in August was the first renminbi corporate bond launched in Hong Kong by a multinational company, and the first renminbi transaction settled off a euro medium-term note programme.

McDonald’s now has over 1,100 restaurants in mainland China since its first restaurant in the country opened in October 1990 in Shenzhen. The

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