Simpson Thacher Represents the Underwriters in $2 Billion Notes Offering by Target
01.25.22
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Simpson Thacher represented the underwriters in connection with an offering by Target Corporation of $1 billion aggregate principal amount of 1.95% Notes due 2027 and $1 billion aggregate principal amount of 2.95% Notes due 2052. The proceeds of the notes offering will be used for general corporate purposes.
Target is a leading operator of large-format general merchandise discount stores in the United States. Target serves guests at 1,924 stores and at Target.com.
The Simpson Thacher team included Risë B. Norman and Asha Amin (Capital Markets); Jonathan Cantor and Adam Hersch (Tax); Joo Hyun Lee (Executive Compensation and Employee Benefits); Adeeb R. Fadil (Environmental); Melanie Jolson (Intellectual Property); and Jennie Getsin (Blue Sky).