---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-054811"
form_type: "8-K"
ticker: "SBUX"
cik: "0000829224"
company_name: "STARBUCKS CORP"
filed_at: "2025-06-16T23:59:59+00:00"
generated_at: "2026-05-19T07:18:50.567151+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Starbucks enters new $3.0B revolving credit facility maturing June 13, 2030

## Summary
- New $3.0B unsecured revolving credit facility with Bank of America, Citibank, and others, replacing the 2021 agreement.
- Interest rate based on Term SOFR plus spread tied to credit ratings (initially Pricing Level III).
- Includes a minimum fixed charge coverage ratio of 2.50 to 1 and a $150M letter of credit sublimit.
- Company may request up to $1.0B increase in commitments, subject to conditions and lender approval.
- Existing $3.0B credit agreement dated September 16, 2021 was terminated on June 13, 2025.

## SEC filing metadata
- accession: 0001213900-25-054811
- form_type: 8-K
- ticker: SBUX
- cik: 0000829224
- company_name: STARBUCKS CORP
- filed_at: 2025-06-16T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/829224/000121390025054811/0001213900-25-054811-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/829224/000121390025054811/ea0245796-8k_starbucks.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-054811
- JSON: https://secwatch.observer/filing/0001213900-25-054811.json
- Plain text: https://secwatch.observer/filing/0001213900-25-054811.txt

## Key facts
- Debt Financings
  STARBUCKS CORP incurred revolving credit of $3.0 billion with Bank of America, N.A. at Term SOFR plus an applicable rate maturing June 13, 2030.
  - Instrument: revolving credit
  - Principal: $3.0 billion
  - Counterparty: Bank of America, N.A.
  - Rate: Term SOFR plus an applicable rate
  - Maturity: June 13, 2030
  - Event: incurrence
  source text: On June 13, 2025, Starbucks Corporation (the “Company”) entered into a new $3.0 billion Credit Agreement (the “Five-Year Credit Agreement”) by and among the Company, as borrower, and Bank of America, N.A., in its capacity as Administrative Agent, Lender, Swing Line Lender and L/C Issuer, Citibank, N.A., Morgan Stanley Senior Funding, Inc., U.S. Bank National Association and Wells Fargo Bank, N.A., as Lenders and Co-Syndication Agents, Goldman Sachs Bank USA, JPMorgan Chase Bank, N.A. and The Bank of Nova Scotia, as Co-Documentation Agents, Citibank, N.A., Morgan Stanley Bank, N.A., U.S. Bank National Association and Wells Fargo Bank, N.A., as L/C Issuers and BOFA Securities, Inc., Citibank, N.A., Morgan Stanley Senior Funding, Inc., U.S. Bank National Association and Wells Fargo Securities, LLC, as Joint Lead Arrangers and Joint Bookrunners, and each of the other lenders, which is a party thereto.
  evidence_url: https://www.sec.gov/Archives/edgar/data/829224/000121390025054811/0001213900-25-054811-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.