Skip navigation

Yum, McD sell combined $2.7B in debt

NEW YORK Quick-service giants Yum! Brands Inc. and McDonald’s Corp. sold a combined $2.7 billion in unsecured senior notes this week to fund general corporate purposes, the companies said. The sales also would help the companies fulfill promises to return at the least a combined $19 billion to shareholders by 2009.

On Monday, Oak Brook, Ill.-based McDonald’s sold $1.5 billion in debt under two deals arranged by joint-book runners Citigroup Global Markets Inc.

Register to view the full article

Register to view this article

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.