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Published on 4/2/2020 in the Prospect News Investment Grade Daily.

Ross Stores plans three-tranche offering of senior notes

By Marisa Wong

Los Angeles, April 2 – Ross Stores, Inc. plans to sell dollar-denominated senior notes in three tranches, according to a 424B2 filing with the Securities and Exchange Commission.

BofA Securities, Inc. and J.P. Morgan Securities LLC are the joint bookrunners.

Proceeds will be used for general corporate purposes.

Based in Dublin, Calif., Ross owns a chain of discount department stores.


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