# TARGET CORP (TGT) — capital_raise/public_offering [announced]
Source: sec.gov · situation sit_c048e36c33157deb64ff · public 3918857350276512432 · retrieved 2026-08-20T13:16:17.981Z

## Overview
Target Corporation is a retail-variety store operator.

Target Corporation entered into a Five-Year Credit Agreement dated August 14, 2026 with Bank of America, N.A. as administrative agent, Citibank, N.A. and Wells Fargo Bank, National Association as co-syndication agents, and JPMorgan Chase Bank, N.A. and U.S. Bank National Association as co-documentation agents, for a $4.0 billion unsecured revolving credit facility. The facility may be increased by up to an additional $1.0 billion subject to certain conditions. The Credit Agreement will expire on August 14, 2031 and may be extended for two additional one-year periods. In connection with entering into this new facility, Target terminated its prior $3.0 billion Five-Year Credit Agreement dated October 18, 2021 (scheduled to expire October 18, 2028) and its $1.0 billion 364-Day Credit Agreement dated October 9, 2025 (scheduled to expire October 8, 2026).

## Terms
- Counterparty: Bank of America, N.A., Citibank, N.A., Wells Fargo Bank, National Association, JPMorgan Chase Bank, N.A., and U.S. Bank National Association · Deal value: $4.00B

## Key dates
- Announced 2026-08-14 · Expiry 2031-08-14

## Timeline
- 2026-08-14 · 8-K (0000027419-26-000032): 8-K - TARGET CORP — *Target Corporation is a retail-variety store operator.* Target Corporation entered into a Five-Year Credit Agreement dated August 14, 2026 with Bank of America, N.A. as administrative agent, Citibank, N.A. and Wells Fargo Bank, National Association as co-syndication agents, and JPMorgan Chase Bank, N.A. and U.S. Bank National Association as co-documentation agents, for a $4.0 billion unsecured revolving credit facility. The facility may be increased by up to an additional $1.0 billion subject to certain conditions. The Credit Agreement will expire on August 14, 2031 and may be extended for two additional one-year periods. In connection with entering into this new facility, Target terminated its prior $3.0 billion Five-Year Credit Agreement dated October 18, 2021 (scheduled to expire October 18, 2028) and its $1.0 billion 364-Day Credit Agreement dated October 9, 2025 (scheduled to expire October 8, 2026).
  https://www.sec.gov/Archives/edgar/data/27419/0000027419-26-000032.txt

## Citations
- 0000027419-26-000032 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000002741926000032