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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Starbucks Corporation | NASDAQ:SBUX | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.32 | 0.43% | 75.25 | 75.25 | 75.45 | 27,562 | 11:25:32 |
From May 2019 to May 2024
By Josh Beckerman
Starbucks Corp. sold $1.75 billion of senior notes Tuesday, and plans to use the proceeds for purposes including repaying commercial paper borrowings, share buybacks and expansion.
Fitch affirmed its BBB+ rating for Starbucks, while Moody's affirmed its Baa1 rating. Moody's believes Starbucks "will be able to manage through the current operating challenges in China given its strong cash flow and excellent liquidity."
Starbucks sold $500 million of 2% notes due 2027, $750 million of 2.250% notes due 2030, and $500 million of 3.35% notes due 2050.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
March 10, 2020 18:22 ET (22:22 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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