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The latest update is out from Arcos Dorados Holdings ( (ARCO) ).
On January 24, 2025, Arcos Dorados Holdings Inc. announced it has priced $600 million in 6.375% Senior Notes due in 2032. The proceeds will be used to fund a tender offer for existing notes due in 2027 and for general corporate purposes, potentially impacting the company’s financial strategy and liquidity.
More about Arcos Dorados Holdings
Arcos Dorados is the largest independent McDonald’s franchisee, operating over 2,400 restaurants across 20 countries in Latin America and the Caribbean. The company focuses on providing first job opportunities for young people and achieving a positive environmental impact through its initiatives. Arcos Dorados is listed on the New York Stock Exchange under the symbol ARCO.
YTD Price Performance: -4.00%
Average Trading Volume: 1,310,094
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.52B
Find detailed analytics on ARCO stock on TipRanks’ Stock Analysis page.
