COSTCO WHOLESALE CORPORATION (NASDAQ:COST) Files An 8-K Other Events
Item8.01
| Other Events |
On May9, 2017, Costco Wholesale Corporation (the Company) entered
into an underwriting agreement with Citigroup Global Markets Inc.
and Guggenheim Securities, LLC, as representatives of the
underwriters named therein (the Underwriting Agreement), for the
public offering of $1.0 billion aggregate principal amount of its
2.150% Senior Notes due May18, 2021 (the 2021 Notes), $800.0
million aggregate principal amount of its 2.300% Senior Notes due
May18, 2022 (the 2022 Notes), $1.0 billion aggregate principal
amount of its 2.750% Senior Notes due May18, 2024 (the 2024
Notes) and $1.0 billion aggregate principal amount of its 3.000%
Senior Notes due May18, 2027 (the 2027 Notes and, together with
the 2021 Notes, the 2022 Notes and the 2024 Notes, the Senior
Notes) under the Companys Shelf Registration Statement on FormS-3
(File No.333-207417).
The Senior Notes are to be issued under a First Supplemental
Indenture dated as of March20, 2002, between the Company and U.S.
Bank National Association, as trustee, a supplement to a Senior
Debt Securities Indenture dated as of October26, 2001, between
the Company and the trustee. The issuance and sale of the Senior
Notes is expected to close on May18, 2017.
A copy of the Underwriting Agreement and forms of the 2021 Notes,
the 2022 Notes, the 2024 Notes and the 2027 Notes are attached
hereto as exhibits and incorporated by reference herein.
| Item9.01 | Financial Statements and Exhibits |
(d)Exhibits. The following exhibits are included in this report:
|
Exhibit |
Description |
|
| 1.1 |
Underwriting Agreement, dated May 9, 2017, by and among the Company and Citigroup Global Markets Inc. and Guggenheim Securities, LLC, as representatives of the underwriters named therein |
|
| 4.1 | Formof 2.150 % Senior Notes due May 18, 2021 | |
| 4.2 | Formof 2.300 % Senior Notes due May 18, 2022 | |
| 4.3 | Formof 2.750 % Senior Notes due May 18, 2024 | |
| 4.4 | Formof 3.000 % Senior Notes due May 18, 2027 | |
| 5.1 | Opinion of Perkins Coie LLP | |
| 23.1 | Consent of Perkins Coie LLP (included in Exhibit 5.1) |
2
About COSTCO WHOLESALE CORPORATION (NASDAQ:COST)
Costco Wholesale Corporation is engaged in the operation of membership warehouses in the United States and Puerto Rico, Canada, the United Kingdom, Mexico, Japan, Australia, Spain, and through its subsidiaries in Taiwan and Korea. As of August 28, 2016, the Company operated 715 warehouses across the world. The Company’s average warehouse space is approximately 144,000 square feet. The Company’s warehouses on average operate on a seven-day, 70-hour week. The Company offers merchandise in various categories, which include foods (including dry foods, packaged foods and groceries); sundries (including snack foods, candy, alcoholic and nonalcoholic beverages, and cleaning supplies); hardlines (including appliances, electronics, health and beauty aids, hardware, and garden and patio); fresh foods (including meat, produce, deli and bakery); softlines (including apparel and small appliances), and other (including gas stations and pharmacy). COSTCO WHOLESALE CORPORATION (NASDAQ:COST) Recent Trading Information
COSTCO WHOLESALE CORPORATION (NASDAQ:COST) closed its last trading session down -0.57 at 171.00 with 1,734,244 shares trading hands.
