Fitch Ratings revised outlook on Arcos Dorados Holdings to stable and affirmed at "BB+" (LT Int. Scale (foreign curr.)) credit rating

June 16, 2017 - CBonds

 

Fitch Ratings affirmed the "BB+" LT Int. Scale (foreign curr.) credit rating of Arcos Dorados Holdings on June 15, 2017. At the same time the rating agency revised outlook to stable from negative.
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Issuer: Arcos Dorados Holdings
Issuer profile:
Arcos Dorados Holdings Inc. is McDonald’s largest franchisee in the world in terms of systemwide sales and number of restaurants. As of December 31, 2010, it represented 6.7% of McDonald’s franchised... more
Outstanding issues:
2 issuesUSD738,767,000
Issuer rating:
Moody's Investors ServiceB1/PositiveLT- local currency03/23/2017
Fitch RatingsBB+/StableLT Int. Scale (foreign curr.)06/15/2017