Target files automatic shelf registration for debt, stock, preferreds

By Devika Patel

Knoxville, Tenn., Dec. 4 - Target Corp. filed an automatic shelf registration in an S-3ASR filing with the Securities and Exchange Commission.

The registration covers common stock, debt securities, preferred stock, depositary shares and securities warrants.

The securities may be structured as convertibles.

Proceeds will be used for working capital requirements, for capital expenditures, to remodel existing stores, to refinance debt and to finance share repurchases and asset acquisitions.

Target is a Minneapolis-based retailer.

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