Arcos Dorados Announces Financing Plan; Brazil Unit Borrowing And Tender Offer For 6.125% Sustainability-Linked Senior Notes Due 2029 To Reduce Financing Costs
Benzinga Newsdesk 9 months ago
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The Company's Brazilian subsidiary borrowed $150 million in December 2025The proceeds will fund a Tender Offer of up to $150 million of the Company's Sustainability-Linked Senior Notes due 2029Arcos Dorados Holdings Inc.
The Company's Brazilian subsidiary borrowed $150 million in December 2025
The proceeds will fund a Tender Offer of up to $150 million of the Company's Sustainability-Linked Senior Notes due 2029
Arcos Dorados Holdings Inc. (NYSE:ARCO) ("Arcos Dorados" or the "Company"), Latin America's largest restaurant chain and the world's largest independent McDonald's franchisee, announced on January 30, 2026, a proposed financing transaction designed to increase the efficiency of its capital structure. The combination of borrowing by its Brazilian subsidiary and the proposed tender offer for up to a corresponding amount of its 6.125% Sustainability-Linked Senior Notes due 2029 (the "2029 Notes") is expected to reduce the Company's total cost of financing without significantly impacting the average maturity and foreign currency exposure of its long-term debt or its net financial leverage.