SEATTLE Starbucks Corp. entered into an agreement to issue up to $1 billion of unsecured commercial paper notes to fund general corporate purposes, which includes “working capital, capital expenditures, acquisitions and share repurchases,” the company said Tuesday. Commercial paper typically is short term and unsecured, meaning the notes are backed by the company’s integrity as a borrower rather than by collateral. The notes will be offered on a private placement basis, the company ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?
Contact: Desiree Torres Desiree.Torres@penton.com