SBUX 8-K: Smart Summary

On May 20, 2026, Starbucks Corporation completed settlement of its previously announced cash tender offers to purchase certain series of its outstanding senior notes, accepting approximately $1.315 billion in aggregate principal across five series. The company elected to settle on the Early Settlement Date and does not intend to purchase any additional notes.

• Tender Offers launched via Offer to Purchase dated May 4, 2026, amended May 15, 2026 to reflect early results and upsizing
• 4.800% Senior Notes due 2030: $321,824,000 accepted at $325,720,215.89 total purchase price; $178,176,000 remaining outstanding
• 4.500% Senior Notes due 2028: $273,468,000 accepted at $274,664,422.50 total purchase price; $476,532,000 remaining outstanding
• 4.500% Senior Notes due 2048: $200,000,000 accepted at $166,067,000.00 total purchase price; $800,000,000 remaining outstanding
• 5.400% Senior Notes due 2035: $410,249,000 accepted at $423,011,846.39 total purchase price; $89,751,000 remaining outstanding
• 5.000% Senior Notes due 2034: $110,351,000 accepted at $112,709,691.32 total purchase price; $389,649,000 remaining outstanding
• No notes purchased for 4.000% Senior Notes due 2028 ($750,000,000 outstanding), 4.900% Senior Notes due 2031 ($500,000,000 outstanding), or 4.800% Senior Notes due 2033 ($500,000,000 outstanding); principal amounts unchanged from latest 10-Q filed April 28, 2026