October 2020

Target Completes Significant Debt Tender Offer

United States - Minnesota

A tender offer for 10 series of outstanding debt securities resulted in a significant upsize opportunity for Target Corporation. In all, Target was able to eliminate approximately $1.768 billion in debt with a total outlay of approximately $2.246 billion. Faegre Drinker’s Dawn Pruitt represented Target in the deal, with support from Ashley Dorman, Sarah Bartlett and Lisa Pugh. The firm has a history of supporting the retail corporation’s debt tender offer transactions dating back to 2013.

The Faegre Drinker Biddle & Reath LLP website uses cookies to make your browsing experience as useful as possible. In order to have the full site experience, keep cookies enabled on your web browser. By browsing our site with cookies enabled, you are agreeing to their use. Review Faegre Drinker Biddle & Reath LLP's cookies information for more details.