• Starbucks priced upsized cash tender offers for eight series of senior notes, setting total consideration across the offers at USD 829.71 to USD 1,030.36 per USD 1,000 principal amount.
• Early tenders exceeded the aggregate cap, triggering proration in several series; accepted amounts included USD 321.82 million of 4.8% senior notes due 2030, USD 273.47 million of 4.5% senior notes due 2028, USD 410.25 million of 5.4% senior notes due 2035.
• Only USD 200 million of 4.5% senior notes due 2048 were accepted, with a 68.98% proration factor.
• Early settlement is set for May 20, 2026, with accrued and unpaid interest payable in addition to the purchase price.
• The tender offers expire June 2, 2026, but are not expected to take additional notes because the offers were filled by the May 15 early tender deadline.

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. Starbucks Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 202605181515BIZWIRE_USPR_____20260518_BW464438) on May 18, 2026, and is solely responsible for the information contained therein.