Starbucks completes $1.32B debt tender, retires 64–82% of five note series

Filed May 20, 2026 · Period ending May 20, 2026 · ~1 min read

Key Changes

• high

  Repurchased $1.32B principal across five senior note series for $1.30B total cost, retiring 64–82% of targeted debt and reducing interest expense.

  Item 8.01 verify on EDGAR →
• medium

  Retired 82% of 5.400% 2035 notes ($410M of $500M original issuance) at premium to par, leaving only $90M outstanding.

  Item 8.01 verify on EDGAR →
• medium

  Repurchased $200M of 4.500% 2048 notes at 17% discount to par ($166M cost), reflecting long maturity in current rate environment.

  Item 8.01 verify on EDGAR →