Filed Pursuant to Rule 433

Dated February 26, 2008

Registration Statement No. 333-139431




USD 750 Million 6.300% Medium-Term Notes, Series I, Due 2038



Summary of Terms




McDonald’s Corporation



A3 / A / A (Moody’s / Standard & Poor’s / Fitch)

Trade Date:


February 26, 2008

Settlement Date:


February 29, 2008

Maturity Date:


March 1, 2038

Security Description:


SEC-Registered Senior Unsecured Fixed Rate Medium-Term Notes, Series I

Total Principal Amount:


USD 750,000,000




Issue Price:


99.532% of principal amount

Gross Spread:



Price to Issuer:



Yield to Maturity:



Spread to Benchmark Treasury:


T+ 168 basis points

Benchmark Treasury:


5.000% 30-year bond due May 15, 2037

Benchmark Treasury Yield:



Coupon Payments:


Pays Semi-Annually on the 1st day of March and September, beginning September 1, 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 30 basis points

Joint Bookrunners:


Banc of America Securities LLC



Citigroup Global Markets Inc.



Merrill Lynch, Pierce, Fenner & Smith Incorporated



Morgan Stanley & Co. Incorporated






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  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; Banc of America Securities LLC toll-free at 1-800-294-1322; Citigroup Global Markets Inc. toll-free at 1-877-858-5407; Merrill Lynch, Pierce, Fenner & Smith Incorporated toll-free at 1-866-500-5408; or Morgan Stanley & Co. Incorporated toll free at 1-866-718-1649.