Question

In: Finance

How many bonds do Starbucks have outstanding, and what country/ countries were they issued in? What...

How many bonds do Starbucks have outstanding, and what country/ countries were they issued in? What are the yields these bonds pay?

Solutions

Expert Solution

Solution:

This is the data available as per Business Insider.

Bonds are issued in US and Japan.

ISSUER CURRENCY COUPON YIELD MOODY'S RATING MATURITY DATE BID ASK
Starbucks Corp. 3.35% - 03-12-2050 - -
Starbucks Corp. USD 4.45% 3.59% Baa1 8/15/2049 115.41 116.95
Starbucks Corp. USD 4.50% 3.60% Baa1 11/15/2048 115.25 116.99
Starbucks Corp. USD 3.75% 3.56% Baa1 12-01-2047 103.09 104.84
Starbucks Corp. USD 4.30% 3.62% Baa1 6/15/2045 111.07 112.1
Starbucks Corp. 2.25% - 03-12-2030 - -
Starbucks Corp. USD 3.55% 2.52% Baa1 8/15/2029 108.36 108.64
Starbucks Corp. USD 4.00% 2.61% Baa1 11/15/2028 111.34 112.12
Starbucks Corp. USD 3.50% 2.46% Baa1 03-01-2028 107.33 107.67
Starbucks Corp. 2.00% - 03-12-2027 - -
Starbucks Corp. USD 2.45% 2.35% Baa1 6/15/2026 100.54 101.06
Starbucks Corp. USD 3.80% 2.24% Baa1 8/15/2025 107.58 107.71
Starbucks Corp. JPY 0.37% - Baa1 3/15/2024 100.04 -
Starbucks Corp. USD 3.85% 1.96% Baa1 10-01-2023 106.14 106.47
Starbucks Corp. USD 3.10% 1.92% Baa1 03-01-2023 103.2 103.49
Starbucks Corp. USD 2.70% 1.92% Baa1 6/15/2022 101.71 102.28
Starbucks Corp. USD 2.10% 1.79% Baa1 02-04-2021 100.24 100.25
Starbucks Corp. USD 2.20% 1.78% Baa1 11/22/2020 100.24 100.35

-x-


Related Solutions

Town Bank has $400,000 of 6​% debenture bonds outstanding. The bonds were issued at 102 in...
Town Bank has $400,000 of 6​% debenture bonds outstanding. The bonds were issued at 102 in 2018 and mature in 2038. The bonds have annual interest payments. 1. How much cash did Town Bank receive when it issued these​ bonds? 2. How much cash in total will Town Bank pay the bondholders through the maturity date of the​ bonds? 3. Calculate the difference between your answers to requirements 1 and 2. This difference represents Town ​Bank's total interest expense over...
As a supervisor in Starbucks how did you know what to do in a Starbucks? how...
As a supervisor in Starbucks how did you know what to do in a Starbucks? how you learn to do your job? what worked? why? What could have been done better? Why?
In a question, it is stated that no bonds were issued. Yet we have bonds payable...
In a question, it is stated that no bonds were issued. Yet we have bonds payable provided in the comparative balance sheet as 100 at the beginning balance and 117 as the end balance. What will be the issuance of bonds payable in financing activities statement of cash flow? If it is 17 as I think, why will this be so, yet we are told no bond payable were issued?
1. During recessionary periods, bonds that were issued many years ago have a higher coupon rate...
1. During recessionary periods, bonds that were issued many years ago have a higher coupon rate than currently issued bonds. Therefore, they may sell at a premium, a price higher than their face value, because of currently low coupon rates. A $50,000 bond that was issued 15 years ago is for sale for $62,000. What rate of return per year will a purchaser make if the bond coupon rate is 20% per year payable quarterly, and the bond is due...
The Robinson Corporation has $39 million of bonds outstanding that were issued at a coupon rate...
The Robinson Corporation has $39 million of bonds outstanding that were issued at a coupon rate of 12.150 percent seven years ago. Interest rates have fallen to 11.150 percent. Mr. Brooks, the Vice-President of Finance, does not expect rates to fall any further. The bonds have 17 years left to maturity, and Mr. Brooks would like to refund the bonds with a new issue of equal amount also having 17 years to maturity. The Robinson Corporation has a tax rate...
The Robinson Corporation has $26 million of bonds outstanding that were issued at a coupon rate...
The Robinson Corporation has $26 million of bonds outstanding that were issued at a coupon rate of 10.850 percent seven years ago. Interest rates have fallen to 10.150 percent. Mr. Brooks, the Vice-President of Finance, does not expect rates to fall any further. The bonds have 17 years left to maturity, and Mr. Brooks would like to refund the bonds with a new issue of equal amount also having 17 years to maturity. The Robinson Corporation has a tax rate...
The Robinson Corporation has $31 million of bonds outstanding that were issued at a coupon rate...
The Robinson Corporation has $31 million of bonds outstanding that were issued at a coupon rate of 11.350 percent seven years ago. Interest rates have fallen to 10.350 percent. Mr. Brooks, the Vice-President of Finance, does not expect rates to fall any further. The bonds have 17 years left to maturity, and Mr. Brooks would like to refund the bonds with a new issue of equal amount also having 17 years to maturity. The Robinson Corporation has a tax rate...
The Harding Corporation has $50.5 million of bonds outstanding that were issued at a coupon rate...
The Harding Corporation has $50.5 million of bonds outstanding that were issued at a coupon rate of 12.75 percent seven years ago. Interest rates have fallen to 11.5 percent. Preston Alter, the vice-president of finance, does not expect rates to fall any further. The bonds have 18 years left to maturity, and Preston would like to refund the bonds with a new issue of equal amount also having 18 years to maturity. The Harding Corporation has a tax rate of...
The Robinson Corporation has $43 million of bonds outstanding that were issued at a coupon rate...
The Robinson Corporation has $43 million of bonds outstanding that were issued at a coupon rate of 12.550 percent seven years ago. Interest rates have fallen to 11.750 percent. Mr. Brooks, the Vice-President of Finance, does not expect rates to fall any further. The bonds have 17 years left to maturity, and Mr. Brooks would like to refund the bonds with a new issue of equal amount also having 17 years to maturity. The Robinson Corporation has a tax rate...
The Robinson Corporation has $27 million of bonds outstanding that were issued at a coupon rate...
The Robinson Corporation has $27 million of bonds outstanding that were issued at a coupon rate of 10.950 percent seven years ago. Interest rates have fallen to 10.250 percent. Mr. Brooks, the Vice-President of Finance, does not expect rates to fall any further. The bonds have 17 years left to maturity, and Mr. Brooks would like to refund the bonds with a new issue of equal amount also having 17 years to maturity. The Robinson Corporation has a tax rate...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT