05 May 2016 U.S. Firms Expected to Issue More Debt in Europe, With ECB as Buyer

Last week, McDonald’s Corp. sold €2 billion of bonds. On a €750 million slug of that debt maturing in 2028, the restaurant owner paid an interest rate of 0.75%. That compares with a 3.7% coupon it pays on $1.75 billion of 10-year dollar bonds it sold in December as part of a $6 billion offering.