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Starbucks: 1 billion dollar raised through two tranches.

(CercleFinance.com) - Starbucks has raised 1 billion dollars in senior notes through two tranches, in a move to finance the company's ongoing share repurchase program and dividend payments, the coffee chain said on Wednesday.

The Seattle-based group has closed an underwritten public offering of 500 million dollars of 2.200% senior notes due in 2020 and 500 million dollars of 3.750% senior notes due in 2047.

The company plans to use the net proceeds for general corporate purposes, including repurchases of common stock and dividend payments.

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