Target $750 million 3.9% notes issue

Overview:

• Target has issued $750 million in senior notes.
• The 3.9% notes are due 2047.
• The underwriters were led by BofA Merrill Lynch, Barclays Capital, Deutsche Bank Securities, Citigroup Global Markets, Goldman Sachs and JP Morgan Securities.  
• Proceeds will be used for payment of Target's cash tender offer of the outstanding notes and for upcoming debts.

 Katrin Kostadinova - Data analyst