Food Industry News

Fitch downgraded the rating of McDonald's to «BBB»

International rating agency Fitch downgraded the issuer default rating US corporation McDonald's (IDR) from «BBB +» to «BBB», the agency said. Forecast - "stable".

"The downgrade reflects our expectation that total adjusted debt, or an EBITDAR, will remain in the range of up to 3,0 2018x year, and EBITDA to stabilize around current levels ... $ 9,4 billion.

Given the intense financial McDonald's strategy of debt reduction did not expect, "- said in a statement.

McDonald's total volume of debt is about $ 26 billion, Fitch said.

At the same time, according to the RNS, a short-term issuer default rating (IDR) McDonald's was affirmed at «F2».

See also ... 13/10/2016 McDonald's forced to “hide” Ronald McDonald25/10/2016 Burger is not the same: bigmack loses audience decreased by 24% 10/2016/3 A McDonald's employee humiliated a homeless man by luring him with food11 / 11/2015 McDonald's will relieve “nuggets” of harmful additives 28% 04/2016/27 USA: a fight in a restaurant over a serving of chips and sauce07/2016/9 McDonald's forced to close its headquarters in Chicago in China, McDonald's will bring up to $ 01 billion 07/2016 McDonald's head of board retires

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