Reported 12 days ago
McDonald's Corp. recently issued its first bond in Swiss francs since 2016, selling 550 million Swiss francs ($624 million) as it navigates an E. coli outbreak and lower-than-expected third-quarter sales. This move follows a trend where global corporates are increasingly tapping into the Swiss franc market for diverse funding sources. The issuance reflects the broader activity in the Swiss bond market, which has seen a surge in non-financial deals this year.
Source: YAHOO