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McDonald's (Baa1/BBB+; S)

CONSUMER STAPLES
  • Its in $ markets for a benchmark 5 & 10Y; its first issuance this year.
  • UoP left broad but it does have $500m June line coming up & AUD$300m & €700m lines it let roll-off without refi early this year.
  • It has another €500m Nov & CHF400m Oct lines coming up, could see it revisit us then.

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