Starbucks nets nearly $550M in 10-year, senior note offering

SEATTLE Starbucks Corp. sold $550 million in 10-year senior notes this week, with the proceeds earmarked for debt repayment and share repurchases, the company reported.

Goldman Sachs & Co., Banc of America Securities LLC and Citigroup Global Markets Inc. were the joint lead managers for the sale, according to a publicly filed prospectus. The public sale of the $550 million in 6.25-percent senior notes due August 15, 2017 netted Starbucks about $545.3 million after

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