tgt-20240906

Minnesota

1-6049

41-0215170

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common stock, par value $0.0833 per share

TGT

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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.

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


(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).