debt
confidence high
sentiment neutral
materiality 0.60
Starbucks completes $1.32B debt tender offer, retires notes across five series
STARBUCKS CORP
- Purchased $1.316B principal of 4.80% 2030, 4.50% 2028, 4.50% 2048, 5.40% 2035, and 5.00% 2034 notes.
- Total consideration including accrued interest was $1.302B; no notes bought of 4.00% 2028, 4.90% 2031, or 4.80% 2033 series.
- Remaining outstanding range: $89.8M (5.40% 2035) to $800M (4.50% 2048) per series.
- Settled on Early Settlement Date; no additional purchases planned.
item 8.01