NYSE:YUMHospitality
Yum! Brands (YUM) Plans US$1 Billion Note Refinancing to Enhance Liquidity Capacity
Yum! Brands (YUM) announced plans to refinance its existing debt, aiming to enhance financial flexibility through the issuance of new senior term notes. This move, coupled with the recent appointment of Chris Turner as CEO, aligns with the company's broader financial management strategies. Over the past quarter, the company's stock price saw a flat movement of 0.99%. This stability is consistent with movements observed in major indexes like the Dow and S&P 500, aligning broadly with a mixed...