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Fitch gives McDonald’s issuance ‘A’ rating
date:May 24, 2012
The notes are being issued under McDonald's Medium Term Notes Program. The money will be used for general corporate purposes, which may include refinancing of debt. McDonald's had $12.8 billion of total debt and $2.3 billion of cash at March 31.

Fitch said the ratings reflect McDonalds substantial cash-flow generation, considerable financial flexibility and leading global market position. McDonald's annual free cash flow and year-end cash balance have averaged $1.7 billion and $2.1 billion, res

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