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MCDONALDS CORP Capital/Financing Update 2007

Oct 16, 2007

29783_rns_2007-10-16_3044c6e1-405f-4b60-a0c0-cd53ff2744f9.zip

Capital/Financing Update

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FWP 1 a07-26787_1fwp.htm FWP

Filed Pursuant to Rule 433

Dated October 15, 2007

Registration Statement No. 333-139431

*McDONALD’S CORPORATION*

$650 Million 5.800% Medium-Term Notes, Series I, Due 2017

*Summary of Terms*

Issuer: McDonald’s Corporation
Ratings: A3 / A / A (Moody’s / Standard & Poor’s / Fitch)
Trade Date: October 15, 2007
Settlement Date: October 18, 2007
Maturity Date: October 15, 2017
Security
Description: SEC-Registered Senior Unsecured Fixed Rate
Medium-Term Notes, Series I
Total Principal
Amount: $650,000,000
Coupon: 5.800%
Issue Price: 99.798% of principal amount
Gross Spread: 0.625%
Price to Issuer: 99.173%
Yield to
Maturity: 5.827%
Spread to
Benchmark Treasury: T + 115 basis points
Benchmark Treasury: 4.750% 10-year note due August 15, 2017
Benchmark
Treasury Yield: 4.677%
Coupon Payments: Pays Semi-Annually on the 15th day of April and
October, beginning April 15, 2008
Day Count: 30 / 360
Redemption
Provision: Callable at any time at a make-whole price of the
greater of (a) 100% of the principal amount, or (b) discounted present value
at Treasury Rate plus 20 basis points
Joint
Bookrunners: Citigroup Global Markets Inc.
Morgan Stanley & Co. Incorporated
CUSIP: 58013MEB6

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov . Alternatively, the issuer or any agent participating in the offering will arrange to send you the prospectus if you request it by calling McDonald’s Corporation toll-free at 1-800-228-9623; Citigroup Global Markets Inc. toll-free at 1-877-858-5407; or Morgan Stanley & Co. Incorporated toll free at 1-866-718-1649.

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