McDonald's renews USD 20 billion medium-term debt note program
MCD•McDonald's renewed its USD 20 billion global medium-term notes program under an offering circular dated November 11, 2026. The program allows notes to mature in one month to 60 years and to be issued in US dollars or equivalent amounts in foreign currencies.
1. Program terms
McDonald's renewed its global medium-term notes program, with Morgan Stanley serving as arranger. Notes may mature in one month to 60 years, and rank equally with the company's other unsecured, unsubordinated debt for borrowed money.
