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Published on 6/13/2011 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Arcos Dorados calls $141.4 million of 7½% senior notes due 2019

By Melissa Kory

Cleveland, June 13 - Arcos Dorados Holdings Inc. announced that its indirectly wholly-owned subsidiary Arcos Dorados BV will redeem $141.4 million, or 31.42%, of its outstanding 7½% senior notes due 2019.

The notes will be redeemed on July 18 at 107.5 plus accrued interest to the redemption date.

The company, which owns the license to operate McDonald's restaurants throughout the region, operates out of Buenos Aires.


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