GAP SETS $500M DEBT OFFER

NEW YORK — Gap Inc. plans to sell $500 million of debt this week, its first debt offering.
Goldman Sachs will be the underwriter for the offering, which is expected to have a 10-year maturity.
The San Francisco-based retailer operates more than 1,900 stores under the names of Gap, GapKids, Banana Republic and Old Navy.

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