secwatch.observer — SEC 8-K summary
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Issuer:     STARBUCKS CORP (SBUX)
CIK:        0000829224
Form:       8-K
Filed at:   2023-02-16T23:59:59+00:00
Accession:  0001193125-23-041100
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Starbucks closes $1.5B senior notes offering: $1B at 4.75% due 2026, $500M at 4.80% due 2033
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- Issued $1B in 4.750% Senior Notes due Feb 2026 and $500M in 4.800% Senior Notes due Feb 2033.
- Notes are senior unsecured and rank equally with existing and future senior unsecured debt.
- Underwriters: BofA Securities, Citigroup, Goldman Sachs, Morgan Stanley; Trustee: U.S. Bank Trust.
- Change-of-control triggering event requires repurchase offer at 101% of principal plus accrued interest.
- Customary covenants and events of default apply; notes are effectively subordinated to subsidiary liabilities.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/829224/000119312523041100/0001193125-23-041100-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/829224/000119312523041100/d423999d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-041100

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