Collapse: DJIA, The Dow Chemical Company (NYSE: DOW) are falling fast as McDonald’s Corporation (NYSE: MCD) sells bonds

McDonald's Corporation (NYSE: MCD) is selling bonds to China

In brief: McDonald's Corporation (NYSE: MCD) sells yuan-denominated bonds for $ 29 million.

The Dow Jones Industrial Average was 10,229.00 points, collapsing to -185.65 (-1.78%). The Dow Chemical Company (NYSE: DOW) shares fell to 24.82, giving Bears -0.90 (-3.50%).

At the same time, McDonald’s Corporation (NYSE: MCD) fell to 72.58 points, losing -0.67 (-0.91%). The world’s largest fast-food chain McDonald’s has become the first foreign non-financial company, which sold in Hong Kong Renminbi yuan-denominated bonds. It is reported that McDonald’s sold 3%-WIDE notes maturing in September 2013 to 200 million yuan ($ 29 million).

Igor Tringlers
2010-08-19 16:33, Economics.

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