Kohl's Corporation Announces $360 Million Private Offering of Senior Secured Notes

Reuters
昨天
Kohl's Corporation Announces $360 Million Private Offering of Senior Secured Notes

Kohl's Corporation has announced a private offering of senior secured notes valued at approximately $360 million, which are due in 2030. The notes will be secured by 11 distribution centers and e-commerce fulfillment facilities. Kohl's plans to utilize the net proceeds from this offering to repay borrowings under its revolving credit facility and expects to repay its 4.25% notes due in 2025 at maturity. This offering is subject to market conditions and is not registered under the Securities Act of 1933, limiting its availability to qualified institutional buyers and non-U.S. persons.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kohl's Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20250513116077) on May 13, 2025, and is solely responsible for the information contained therein.

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