debt
confidence high
sentiment neutral
materiality 0.55
Starbucks closes $1.75B senior notes offering across three tranches
STARBUCKS CORP
- $750M 4.500% notes due 2028, $500M 4.800% notes due 2030, $500M 5.400% notes due 2035.
- Interest payable semi-annually starting Nov 15, 2025; make-whole redemption provisions apply.
- Upon change of control with credit downgrade, Starbucks must offer to repurchase at 101% of principal.
- Underwriters include BofA Securities, Citigroup, Morgan Stanley, and Scotia Capital.