Starbucks logo

Starbucks issues first Corporate Sustainability Bond

Funding will support ethical coffee-sourcing program

Starbucks Corp. is using proceeds from the offering of a $500 million bond to enhance its sustainable coffee-growing program.

The Seattle-based chain said Monday that it has closed an underwritten public offering of senior notes, including the first-ever U.S. Corporate Sustainability Bond.

The 10-year, 2.45-percent senior notes will support Starbucks’ goals of ensuring that coffee purchases come from ethical sources verified by a third party.


Register to view the full article

Register to view this article

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.