McDonald’s sells euro bonds amid ECB purchases

McDonald’s is marketing euro bonds, taking advantage of borrowing costs that have fallen to the lowest in a year because of the ECB’s expanding its stimulus programme.

The fast-food chain is offering the securities, maturing in January 2021, November 2023 and May 2028, according to a source.

The ECB’s announcement in March that it will add corporate bonds to its quantitative-easing programme has driven borrowing costs in the region toward record lows.