DBRS Rates Costco’s USD2 Billion New Issue at A (high)

DBRS has assigned a rating of A (high) with a Stable trend to Costco Wholesale Corporation’s (Costco) planned issue of senior unsecured notes due in 2012 and 2017. DBRS expects Costco to use the proceeds for repayment of a $300 million March 2007 notes issue as well as for general corporate purposes including repurchases of common stock.

Note:
All figures are in U.S. dollars unless otherwise noted.

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