Arcos Dorados Holdings ( (ARCO) ) has issued an announcement.
On February 28, 2025, Arcos Dorados Holdings Inc. announced its intention to redeem all outstanding 5.875% senior notes due in 2027. The redemption, expected to occur on April 4, 2025, will be executed at a price equal to 100% of the principal amount plus accrued interest. This move reflects the company’s strategic financial management and could impact its financial operations and stakeholder interests.
More about Arcos Dorados Holdings
Arcos Dorados is the largest independent McDonald’s franchisee globally, operating in Latin America and the Caribbean. The company holds exclusive rights to own, operate, and franchise McDonald’s restaurants across 20 countries in these regions, managing over 2,400 restaurants and employing more than 100,000 people. Arcos Dorados is committed to community development, providing job opportunities for young people, and achieving positive environmental impacts. It is publicly traded on the New York Stock Exchange under the symbol ARCO.
YTD Price Performance: 6.13%
Average Trading Volume: 1,385,362
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $1.68B
See more data about ARCO stock on TipRanks’ Stock Analysis page.