Moody's: McDonald's ratings cut to 'A3'

September 27, 2007

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Moody's Investors Service said it cut McDonald's senior unsecured notes and debt ratings to 'A3' from 'A2', citing higher debt levels which will be required to support the fast food giant's shareholder initiatives.

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McDonalds Corporation
McDonald's is the leading global foodservice retailer with more than 34,000 local restaurants serving nearly 69 million people in more than 118 countries each day.

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