Starbucks Settles Cash Tender Offers for Certain Notes

Details

The company purchased and cancelled notes worth a total of $1,306,102,044.31, reducing its debt obligations. The remaining outstanding amounts for the various series of notes are now $178,176,000 for 4.800% Senior Notes due 2030, $476,532,000 for 4.500% Senior Notes due 2028, $750,000,000 for 4.000% Senior Notes due 2028, $800,000,000 for 4.500% Senior Notes due 2048, $89,751,000 for 5.400% Senior Notes due 2035, $389,649,000 for 5.000% Senior Notes due 2034, $500,000,000 for 4.900% Senior Notes due 2031, and $500,000,000 for 4.800% Senior Notes due 2033.

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About Starbucks Corporation

Starbucks Corporation is a renowned global leader in the coffeehouse industry, offering a wide array of beverages including coffee, tea, and other specialty drinks, alongside complementary food items. The company operates retail locations worldwide, providing customers with a unique coffeehouse experience characterized by quality products and a welcoming atmosphere. Beyond its physical stores, Starbucks significantly impacts the coffee production industry, promoting sustainable sourcing and ethical supply chain practices. Its operations extend into grocery and convenience stores through products like ready-to-drink beverages and consumer-packaged coffee. Founded in 1971 and headquartered in Seattle, Washington, Starbucks Corporation is pivotal in shaping consumer beverage preferences and enhancing global coffee culture, influencing both retail and wholesale sectors.