Arcos Dorados Holdings (ARCO) said Friday its Arcos Dorados BV unit plans to launch a senior unsecured notes offering via a private placement.
Terms of the notes were not disclosed.
The McDonald's franchisee said the unit will use the proceeds to finance a tender offer conducted by the company to buy any and all of its 5.875% outstanding senior notes due 2027 and for general corporate purposes.
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