Kohl’s to sell 10-year notes talked at Treasuries plus 200 bps area

By Rebecca Melvin and Cristal Cody

Concord, N.H., March 29 – Kohl’s Corp. plans to price an offering of 10-year notes (//BBB-) that were being talked at a yield in the Treasuries plus 200 basis points area, according to a market source.

The maturity date is May 1, 2031.

BofA Securities Inc., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC are bookrunners of the deal.

Kohl’s is a Menomonee Falls, Wis.-based department store retailer.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.