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Arcos Dorados Takes Hefty Market Flex

Oct 19, 2008

Arcos Dorados, the holding company for McDonald’s’ LatAm assets, has accepted a sizable increase in its cost of funds for a $350m 5-year facility. The deal, originally launched at Libor plus 275bp, will now include an extra 150bp spread to compensate...

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There is performance risk that the market is going to have to evaluate and assess. I think that is very healthy for the market because that will enable us to finance a much wider range of projects.

Luis Fernando Andrade, Colombian National Infrastructure Agency


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