Starbucks Corp., founded in 1971 and headquartered in Seattle, Washington, is a global coffeehouse chain renowned for its specialty coffee, beverages, and food items. With a purpose centered on inspiring and nurturing the human spirit, Starbucks operates thousands of stores worldwide, offering a rich experience that goes beyond just serving coffee.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Starbucks began issuing corporate bonds in 2005 as a means to raise capital for expansion and operational needs. Notable issuances include a $1 billion bond in 2018 to finance store renovations and acquisitions, yielding around 3.00%, which is competitive within the retail sector. As of 2023, Starbucks maintains a diversified bond portfolio with features such as callable options, appealing to investors seeking flexible investment opportunities. Recent market trends indicate stable demand for Starbucks bonds, reflecting the company's strong financial position and ongoing growth strategy.