Target Corp Files 8-K: Procedural Update

Ticker: TGT · Form: 8-K · Filed: 2024-09-06T00:00:00.000Z

Sentiment: neutral

Topics: sec-filing, 8-k, procedural

TL;DR

Target filed an 8-K, no big news, just paperwork.

AI Summary

On September 6, 2024, Target Corporation filed an 8-K report detailing "Other Events" and "Financial Statements and Exhibits." The filing does not disclose specific new financial figures or significant business events but serves as a procedural update.

Why It Matters

This filing indicates Target Corporation is adhering to its reporting obligations with the SEC, though it doesn't contain new material information for investors at this time.

Risk Assessment

Risk Level: low — The filing is a routine procedural update and does not contain any new material information that would indicate a change in risk.

Key Numbers

Key Players & Entities

FAQ

What is the primary purpose of this 8-K filing?

The primary purpose of this 8-K filing is to report "Other Events" and "Financial Statements and Exhibits" as of September 6, 2024.

Does this filing disclose any new financial results for Target Corporation?

No, this filing does not disclose any new specific financial results or material financial updates.

When was Target Corporation incorporated?

Target Corporation was incorporated in Minnesota.

What were Target Corporation's former names?

Target Corporation was formerly known as Dayton Hudson Corp and Dayton Corp.

What is the address of Target Corporation's principal executive offices?

The address of Target Corporation's principal executive offices is 1000 Nicollet Mall, Minneapolis, Minnesota 55403.

Filing Stats: 703 words · 3 min read · ~2 pages · Grade level 9.7 · Accepted 2024-09-06 13:14:15

Key Financial Figures

Filing Documents

01 Other Events

Item 8.01 Other Events . On September 6, 2024, Target Corporation ("Target") closed the sale of $750 million aggregate principal amount of its 4.500% Notes due 2034 (the "Notes") pursuant to an Underwriting Agreement dated September 3, 2024 (the "Underwriting Agreement") among Target and Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, and Wells Fargo Securities, LLC, as representatives of the several underwriters named in Schedule II therein. The offer and sale of the Notes was registered pursuant to Target's automatic shelf registration statement (the "Registration Statement") on Form S-3 (File No. 333-275713), filed with the U.S. Securities and Exchange Commission (the "SEC") on November 22, 2023. Target has filed with the SEC a prospectus supplement, dated September 3, 2024, together with the accompanying prospectus, dated November 22, 2023, relating to the offer and sale of the Notes. The Notes were issued pursuant to an Indenture dated as of August 4, 2000 between Target and The Bank of New York Mellon Trust Company, N.A. (as successor to Bank One Trust Company, N.A.), as trustee (the "Trustee"), as supplemented by the First Supplemental Indenture dated as of May 1, 2007 between Target and the Trustee (as so supplemented, the "Indenture"). The foregoing description of the Notes and related agreements is qualified in its entirety by reference to the Underwriting Agreement, the Indenture, and the form of Note. The Underwriting Agreement and the form of Note are filed herewith as Exhibits 1.1 and 4.1, respectively, and are incorporated by reference into the Registration Statement. The Indenture has been filed as Exhibits 4.4 and 4.5 to the Registration Statement. An opinion regarding the validity of the Notes and the related consent thereto are filed herewith as Exhibits 5.1 and 23.1, respectively, and are incorporated by reference into the Registration Statement.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits . (d) Exhibits. 1.1 Underwriting Agreement dated September 3, 2024. 4.1 Form of 4.500% Note due 2034. 5.1 Opinion of Faegre Drinker Biddle & Reath LLP. 23.1 Consent of Faegre Drinker Biddle & Reath LLP (included as part of Exhibit 5.1). 104 Cover Page Interactive Data File (formatted as Inline XBRL).

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. TARGET CORPORATION Date: September 6, 2024 By: /s/ Amy Tu Name: Amy Tu Title: Executive Vice President and Chief Legal & Compliance Officer

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