Filed Pursuant to Rule 424(b)(2)
Registration No. 333-59145
PRICING SUPPLEMENT NO. 6 DATED APRIL 10, 2001
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(To Prospectus dated July 21, 1998 and
U.S. Prospectus Supplement dated July 29, 1998)
U.S.$1,000,000,000
McDONALD'S CORPORATION
Medium-Term Notes, Series F
(Fixed Rate Notes)
Due from 1 Year to 60 Years from Date of Issue
The following description of the terms of the Notes offered hereby supplements,
and to the extent
inconsistent therewith replaces, the descriptions included in the Prospectus and
Prospectus Supplement referred to above, to which descriptions reference is
hereby made.
Principal Amount: U.S.$340,000,000
Issue Price: 99.415% of the principal amount of the Notes
Original Issue Date: April 17, 2001
Stated Maturity: April 15, 2011
Interest Rate: 6.000% per annum
Interest Payment Dates: April 15 and October 15 of each year, commencing
October 15, 2001.
(Applicable only if other than February 15 and August 15 of each year)
Regular Record Dates: April 1 and October 1 of each year.
(Applicable only if other than February 1 and August 1 of each year)
Form: [X] Book-Entry [_] Certificated
Specified Currency:
(If other than U.S. dollars)
Option to Receive Payments in Specified Currency: [_] Yes [_] No
(Applicable only if Specified Currency is other than U.S. dollars)
Authorized Denominations:
(Applicable only if other than U.S.$1,000 and increments of U.S.$1,000 or if
Specified Currency is other than U.S. dollars)
Method of Payment of Principal:
(Applicable only if other than immediately available funds)
Optional Redemption: [_] The Notes cannot be redeemed prior to Stated
Maturity.
[X] The Notes can be redeemed in whole or in part at any
time prior to Stated Maturity at the option of
McDonald's Corporation (the "Company") as set forth
below.
Optional Redemption Dates: The Notes will be redeemable, in whole or in part,
as set forth below at the option of the Company at
any time.
Redemption Prices:
[_] The Redemption Price shall initially be % of the principal
amount of the Note to be redeemed and shall decline at each anniversary of the
initial Optional Redemption Date by % of the principal amount to be
redeemed until the Redemption Price is 100% of such principal amount; provided,
however, that in the case of an Original Issue Discount Note, the Redemption
Price shall be the Amortized Face Amount of the principal amount to be redeemed.
[x] Other: The Notes will be redeemable, in whole or in part, at the
option of the Company at any time at a redemption price equal to the greater of:
(1) 100% of the principal amount of the Notes, or
(2) as determined by the Independent Investment Banker, the sum
of the present values of the remaining scheduled payments of
principal and interest on the Notes (not including any
portion of the payments of interest accrued as of the date
of redemption) discounted to the redemption date on a semi-
annual basis (assuming a 360-day year consisting of twelve
30-day months) at the Treasury Rate, plus 20 basis points;
plus, in each case, accrued interest thereon to the date of redemption.
"Treasury Rate" means, with respect to any redemption date, the rate per
annum equal to the semi-annual equivalent yield to maturity or interpolated (on
a day count basis) of the Comparable Treasury Issue, assuming a price for the
Comparable Treasury Issue (expressed as a percentage of its principal amount)
equal to the Comparable Treasury Price for the redemption date.
"Comparable Treasury Issue" means the United States Treasury security or
securities selected by the Independent Investment Banker as having an actual or
interpolated maturity comparable to the remaining term of the Notes that would
be utilized, at the time of selection and in accordance with customary financial
practice, in pricing new issues of corporate debt securities of a comparable
maturity to the remaining term of such Notes.
"Comparable Treasury Price" means, with respect to any redemption date,
(A) the average of the Reference Treasury Dealer Quotations for such redemption
date, after excluding the highest and lowest such Reference Treasury Dealer
Quotations, or (B) if the Trustee obtains fewer than four such Reference
Treasury Dealer Quotations, the average of all such quotations.
"Independent Investment Banker" means one of the Reference Dealers
selected by the Company.
"Reference Dealer" means Merrill Lynch, Pierce, Fenner & Smith
Incorporated plus four others selected by the Company or their affiliates which
are primary U.S. Government securities dealers, and their respective successors;
provided, however, that if any of the foregoing or their affiliates shall cease
to be a primary U.S. Government securities dealer in New York City (a "Primary
Treasury Dealer"), the Company shall substitute for it another Primary Treasury
Dealer.
"Reference Treasury Dealer Quotation" means with respect to each
Reference Dealer and any redemption date, the average, as determined by the
Independent Investment Banker, of the bid and ask prices for the Comparable
Treasury Issue (expressed in each case as a percentage of its principal amount)
quoted by the Reference Dealer at 5:00 p.m. (New York time) on the third
business day preceding the redemption date.
Notice of any redemption will be mailed at least 30 days but not more
than 60 days before the redemption date to each holder of the Notes to be
redeemed.
Unless the Company defaults in payment of the redemption price, and on
and after the redemption date, interest will cease to accrue on the Notes or
portion of the Notes called for redemption
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Sinking Fund: [X] The Notes are not subject to a Sinking Fund.
[_] The Notes are subject to a Sinking Fund.
Sinking Fund Dates:
Sinking Fund Amounts:
Amortizing Note: [_] Yes [X] No
Optional Repayment: [_] Yes [X] No
Optional Repayment Dates:
Optional Repayment Prices:
Original Issue Discount Note: [_] Yes [X] No
Total Amount of OID:
Yield to Stated Maturity:
Initial Accrual Period OID:
Calculation Agent (if other than Principal Paying Agent):
Agent's discount or commission: .650% of the principal amount of the Notes
Net proceeds to Company (if sale to Agent as principal): 98.765% of the
principal amount of the Notes
Agent's Capacity: [_] Agent [X] Principal
Agents: Merrill Lynch & Co.
Morgan Stanley Dean Witter
ABN AMRO
Barclays Capital
Fleet Securities, Inc.
Goldman, Sachs & Co.
Salomon Smith Barney
CUSIP: 580 13M DM3
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Plan of Distribution: The obligation of the Agents to purchase the Notes is
several and not joint. Merrill Lynch, Pierce, Fenner & Smith Incorporated and
Morgan Stanley & Co. Incorporated are acting as joint bookrunners and
representatives of the Agents, each of which has severally agreed to purchase
the principal amount of the Notes set forth opposite its name below:
Agents Principal Amount
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Merrill Lynch, Pierce, Fenner & Smith $136,000,000
Incorporated
Morgan Stanley & Co. Incorporated 136,000,000
ABN AMRO Bank N.V. 13,600,000
Barclays Bank PLC 13,600,000
Fleet Securities, Inc. 13,600,000
Goldman, Sachs & Co. 13,600,000
Salomon Brothers Inc 13,600,000
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Total: $340,000,000
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