Taco Bell

Taco Bell Corp., a subsidiary of Yum! Brands, Inc. (NYSE: YUM), is the nation’s leading Mexican-inspired quick service restaurant. Taco Bell serves more than 2 billion consumers each year in more than 5,500 restaurants in the U.S., about 80 percent of which are owned and operated by independent franchisees. In total, Taco Bell operates more than 6,500 restaurants in 30 countries across the world. The restaurant serves made to order and customizable tacos, burritos, and specialties such as the Doritos® Locos Tacos. Yum! Brands, Inc. is a Fortune 500 corporation that operates the licensed brands Taco Bell, KFC, Pizza Hut, and Wingstreet worldwide. Based in Louisville, Kentucky, it is the world’s largest fast food restaurant in terms of system units with more than 40,000 restaurants worldwide. Yum! Brands, Inc. is given an investment grade credit rating of BBB from Standard and Poor’s and Moody’s long term rating of Ba1.

Industry

QSR

Lease Structure

NNN

S&P Bond Rating

Moody's Bond Rating

Ba3

Stock Symbol

NYSE: YUM

Website

http://www.tacobell.com/

Holding Company

Yum! Brands, Inc.

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