Kohl's Corporation Announces 10% Senior Secured Notes Due 2030 with Semi-Annual Interest Payments

Reuters
05-31
Kohl's Corporation Announces 10% Senior Secured Notes Due 2030 with Semi-Annual Interest Payments

Kohl's Corporation has announced the issuance of 10.000% senior secured notes due 2030, with a principal amount of $360 million. The company, a well-known retail chain, has set the interest payments to be made semi-annually, with the first payment scheduled for December 1, 2025. These notes, governed by an indenture dated May 30, 2025, aim to strengthen Kohl's financial position by providing long-term financing. Interest will accrue from the date of issuance or the most recent payment date. This strategic financial move is expected to support Kohl's ongoing operations and growth initiatives.

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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-132274), on May 30, 2025, and is solely responsible for the information contained therein.

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