Starbucks to issue $1B in notes

SEATTLE Starbucks Corp. entered into an agreement to issue up to $1 billion of unsecured commercial paper notes to fund general corporate purposes, which includes “working capital, capital expenditures, acquisitions and share repurchases,” the company said Tuesday.

Commercial paper typically is short term and unsecured, meaning the notes are backed by the company’s integrity as a borrower rather than by collateral. The notes will be offered on a private placemen

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