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home / news releases / YUM - Twitter Equals Bond Market Record


YUM - Twitter Equals Bond Market Record

Over the summer, Popeye's chicken sandwich trended on Twitter as the chain's new twist on an old classic prompted long restaurant lines. Several months later, Restaurant Brands (RBI), the owner of Popeye's, and Twitter (TWTR) share another unique distinction. At an annual coupon of 3.875%, no lower rated junk-rated companies have issued fixed rate debt as cheaply as the pair.

There are some below investment grade companies with outstanding debt with lower coupons. Toymaker Mattel (MAT), real estate firm Mack-Cali (CLI), apparel company Under Armour (UA

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Stock Information

Company Name: Yum! Brands Inc.
Stock Symbol: YUM
Market: NYSE
Website: yum.com

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