trending Market Intelligence /marketintelligence/en/news-insights/trending/pH7gHa9tgKbZ0JBKScTnrQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Target seeks to raise $750M in bond offering

Gauging Supply Chain Risk In Volatile Times

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry


IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

The Market Intelligence Platform

Target seeks to raise $750M in bond offering

Target Corp. is seeking to raise $750 million in a bond offering, according to a prospectus filed Jan. 21.

The U.S. big-box retailer is offering its 2.350% notes due 2030.

Target priced the notes at 99.813% of the principal amount, with interest to be paid every Feb. 15 and Aug. 15 of each year starting Aug. 15.

The company expects to see net proceeds of about $745.2 million from the offering, which Target plans to use for general corporate purposes, including the refinancing of its maturing debt.

BofA Securities Inc., Deutsche Bank Securities Inc., Goldman Sachs & Co. LLC, Barclays Capital Inc., Citigroup Global Markets Inc. and J.P. Morgan Securities LLC are acting as joint book-running managers.

U.S. Bancorp Investments Inc., Wells Fargo Securities LLC, HSBC Securities (USA) Inc., Mizuho Securities USA LLC, MUFG Securities Americas Inc., RBC Capital Markets LLC and TD Securities (USA) LLC are serving as senior co-managers, while Fifth Third Securities Inc., SMBC Nikko Securities America Inc., Academy Securities Inc., Loop Capital Markets LLC and Samuel A. Ramirez & Co. Inc. have been tapped to serve as co-managers.

The proposed unsecured notes were rated A by S&P Global Ratings, A2 by Moody's and A- by Fitch.