Vene Risk Lurks Under Arcos Dorados

Sep 20, 2009

Bankers are at pains to note that Arcos Dorados, the Argentina-based private holdco for the McDonald’s LatAm franchise, is not really Argentina risk. But Fitch highlights significant Venezuela exposure in the benchmark-sized bond offering roadshowing this week. Fitch rates a $450m senior unsecured proposed notes issue from Arcos due 2019 at BBB minus and notes that...

To continue reading please take a free trial, subscribe or login below.


Already have an account?

Subscribe

Subscribe now for unlimited access to all current and archive news, data and market analysis. 

Subscribe

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial

Upcoming Events

Poll

Which area will be most profitable for investment banks in LatAm in 2016?

Vote    




Popular Searches