Kohl's Prices $360 Million Debt Offering

MT Newswires Live
05-16

Kohl's (KSS) said late Thursday it has priced a private offering of $360 million worth of 10% senior secured notes due 2030.

The offering is expected to close on May 30, the retailer said.

Kohl's said it intends to use the net proceeds from the sale to repay debt.

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