Kohl’s planning to sell 10-, 30-year senior notes

By Aleesia Forni

Virginia Beach, July 14 – Kohl's Corp. is set to price senior notes in tranches due 2025 and 2045, according to a 424B5 filed with the Securities and Exchange Commission on Tuesday.

Goldman Sachs & Co., U.S. Bancorp Investments Inc. and Wells Fargo Securities LLC are the joint bookrunners.

Kohl’s plans to use the proceeds of the issuance to fund a tender offer and for general corporate purposes.

The department store chain is based in Menomonee Falls, Wis.

© 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.