NEW YORK (Standard&Poor's) Sept. 4, 2013--Standard&Poor's Ratings Services said today it assigned its 'A-' issue-level rating to Starbucks Corp.'s $750 million senior unsecured notes due 2023, the same as the 'A-' corporate credit rating. The company issued the notes under its shelf registration and plans to use the proceeds from the offering for general corporate purposes. Following the issuance of the notes, we believe the company still has about $2 billion of debt capacity at the current rating. The ratings on Seattle-based Starbucks Corp. reflect its "strong" business risk profile and "modest" financial risk profile. We base our assessment of Starbucks' business risk profile on its leading market position and excellent brand recognition in the specialty
