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0.000249594409085364 0.000249594409085364 0.00028079371022099 0.00118557344315504 -0.0055222763010108 -0.000998377636340925 -0.00162236365905398 -0.00162236365905398
Stock impact report

Costco Wholesale Corporation Announces $4 Billion Debt Offering

Costco Wholesale Corporation (COST) 
Last costco wholesale corporation earnings: 3/5 04:15 pm Check Earnings Report
Company Research Source: GlobeNewswire
ISSAQUAH, Wash., April 16, 2020 (GLOBE NEWSWIRE) -- Costco Wholesale Corporation (“Costco” or the “Company”) (Nasdaq: COST) today announced the pricing of its offering of $4 billion aggregate principal amount of senior unsecured notes. The notes consist of the following tranches: $1.25 billion principal amount of 1.375% notes due June 20, 2027 $1.75 billion principal amount of 1.6% notes due April 20, 2030 $1 billion principal amount of 1.75 % notes due April 20, 2032 Costco intends to use the net proceeds from the offering to repay at or prior to maturity all of our 2.15% Senior Notes due May 2021, in an aggregate principal amount of $1 billion, as well as all of our 2.25% Senior Notes due February, 2022, in an aggregate principal amount of $500 million. Remaining proceeds will be used for general corporate purposes. The offering is expected to close on April 20, 2020, subject to customary closing conditions. This announcement shall not constitute an offer to sell or Show less Read more
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