Target Corporation Files Prospectus for $1 Billion Notes Offering

Reuters
Jun 11
Target Corporation Files Prospectus for $1 Billion Notes Offering

Target Corporation has successfully completed the sale of $1 billion in notes, as detailed in a prospectus filed with the U.S. Securities and Exchange Commission on June 10, 2025. The offering includes $500 million in 4.350% Notes due 2028 and $500 million in 5.250% Notes due 2036. The sale was conducted under an Underwriting Agreement with major financial institutions, including Barclays Capital Inc., Goldman Sachs & Co. LLC, and J.P. Morgan Securities LLC. The notes were issued under an Indenture agreement, originally dated August 4, 2000, and later supplemented. This financial move is part of Target's strategic funding plans, leveraging favorable market conditions.

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