Starbucks 8-K

Summary

Starbucks completed its cash tender offers for selected notes on 5/20/2026. It settled on the early settlement date and does not intend to purchase additional notes.

Key Figures

• 4.800% senior notes due 2030: $322M principal accepted; $326M purchase price, including accrued and unpaid interest; $178M principal remaining.
• 4.500% senior notes due 2028: $273M principal accepted; $275M purchase price, including accrued and unpaid interest; $477M principal remaining.
• 4.500% senior notes due 2048: $200M principal accepted; $166M purchase price, including accrued and unpaid interest; $800M principal remaining.
• 5.400% senior notes due 2035: $410M principal accepted; $423M purchase price, including accrued and unpaid interest; $89.8M principal remaining.
• 5.000% senior notes due 2034: $110M principal accepted; $113M purchase price, including accrued and unpaid interest; $390M principal remaining.
• No 4.000% senior notes due 2028, 4.900% senior notes due 2031 or 4.800% senior notes due 2033 were purchased; their principal outstanding remains unchanged.