debt
confidence high
sentiment neutral
materiality 0.60
Starbucks completes $2B senior notes offering across three tranches
STARBUCKS CORP
- $1B of 4.850% Senior Notes due 2027, $500M of 4.900% due 2031, $500M of 5.000% due 2034.
- Underwriters include Goldman Sachs, J.P. Morgan, U.S. Bancorp, and Wells Fargo.
- Notes are senior unsecured obligations; net proceeds for general corporate purposes.
- Interest paid semi-annually; first payments Aug 8, 2024 (2027 notes) and Aug 15, 2024 (2031/2034).