Starbucks (SBUX +0.9%) announces it lined up a new credit facility to replace the one set to...

|About: Starbucks Corporation (SBUX)|By:, SA News Editor

Starbucks (SBUX +0.9%) announces it lined up a new credit facility to replace the one set to mature next year. The new credit facility will increase the company's borrowing capacity to $750M from a previous level of $500M.