Starbucks settles note tender offers, buying $321.8 million of 4.800% 2030 notes
On May 20, 2026, Starbucks completed the settlement of cash tender offers for several series of its senior notes, buying back principal in five series at total purchase prices that include accrued interest. The company elected early settlement and does not intend to buy any additional notes. The filing is a debt management action; it does not state the effect on total debt or interest costs.
Key points
- Accepted for purchase: $321,824,000 of 4.800% notes due 2030 and $273,468,000 of 4.500% notes due 2028.
- Also accepted: $200,000,000 of 4.500% notes due 2048, $410,249,000 of 5.400% notes due 2035 and $110,351,000 of 5.000% notes due 2034.
- Settlement occurred May 20, 2026, on the Early Settlement Date defined in the Offer to Purchase dated May 4, 2026, as amended May 15, 2026.
- No notes were bought in the 4.000% 2028, 4.900% 2031 and 4.800% 2033 series, whose outstanding amounts are unchanged from the April 28, 2026 Form 10-Q.
The filing
Written by AI on Nov 8, 2026, 2:16 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 20, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.