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August 20, 2010

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McDonald's bond

STANDARD Chartered Bank announced in Hong Kong yesterday that it has launched a yuan corporate bond for the McDonald's Corp.

It was the first yuan bond launched for a foreign multinational corporate in the Hong Kong debt capital market, the bank said.

The notes, with a 3 percent coupon rate and an issue size of 200 million yuan, were targeted at institutional investors and have a maturity date of September 2013.



 

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