New York, February 23, 2015 -- Moody's Investors Service today assigned a Baa2 rating to Coach Inc's ("Coach") senior unsecured note offering. Coach intends to use the proceeds from this offering for general corporate purposes, which may include capital expenditures, working capital, repayment of outstanding revolver borrowings, acquisitions, or investments in, and funding for, its Hudson Yards development. The rating outlook remains stable.
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