RL · 10-Q · 2026Q2 · Full report

Outstanding Indebtedness

RALPH LAUREN CORP · 2026-08-06 · Importance 49 · Surprise 6 · Matches filing data

Long-term debt was substantially unchanged at $1.239 billion as of June 27, 2026, compared with $1.239 billion at March 28, 2026. The debt consisted primarily of $750 million of 2.950% senior notes due June 15, 2030 and $500 million of 5.000% senior notes due June 15, 2032. Ralph Lauren issued no debt and made no debt repayments during the three months ended June 27, 2026, compared with $498.2 million of proceeds from the 5.000% Senior Notes in the prior-year period. The company’s indenture contains restrictions on liens, sale-leasebacks, mergers, and asset sales but no financial covenants.

Key facts

• In June 2025 the company issued $500 million aggregate principal amount of unsecured senior notes due June 15, 2032 that bear interest at 5.000% payable semi-annually (5.000% Senior Notes). source
• During the three months ended June 28, 2025, the company received $498.2 million in proceeds from issuance of the 5.000% Senior Notes. source
• The indenture governing the 2.950% and 5.000% Senior Notes contains covenants restricting incurrence of liens, sale and leaseback transactions, consolidation/merger, and sale/lease/conveyance of all or substantially all property, but does not contain any financial covenants. source
• In June 2020 the company issued $500 million senior notes repaid June 15, 2022 that bore interest at 1.700% payable semi-annually, and $750 million senior notes due June 15, 2030 that bear interest at 2.950% payable semi-annually (2.950% Senior Notes). source
• The $501.1 million net increase in cash used in financing activities was primarily driven by a $498.2 million decrease in cash proceeds from the issuance of long-term debt. source
• Long-term debt as of June 27, 2026: $(1,239.4) million carrying amount shown. source
• Long-term debt as of March 28, 2026: $(1,238.9) million carrying amount shown. source
• During the three months ended June 27, 2026, the company did not issue or repay any debt. source

Impact estimates