Target plans to sell notes due 2030 through six bookrunners

By Devika Patel

Knoxville, Tenn., Jan. 21 – Target Corp. will price dollar-denominated notes due February 2030, according to a 424B2 filed with the Securities and Exchange Commission.

The notes feature a make-whole call until November 2029 and then a par call.

BofA Securities, Inc., Deutsche Bank Securities Inc., Goldman Sachs & Co. LLC, Barclays, Citigroup Global Markets Inc. and J.P. Morgan Securities LLC are the bookrunners.

Proceeds will be used for general corporate purposes, including refinancing some upcoming debt maturities.

The discount merchandise chain is based in Minneapolis.

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