Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

LOWE'S COMPANIES, INC.

(LOW)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Lowe : Prices $2 Billion Notes Offering

09/13/2021 | 05:15pm EDT

MOORESVILLE, N.C., Sept. 13, 2021 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announced today it has agreed to sell $1 billion of 1.700% Notes due 2028 and $1 billion of 2.800% Notes due 2041 (collectively, the "Notes"). Lowe's plans to use the net proceeds from the sale of the Notes for general corporate purposes. Closing is expected to occur on September 20, 2021, subject to satisfaction of customary closing conditions.

Barclays Capital Inc., Goldman Sachs & Co. LLC, U.S. Bancorp Investments, Inc. and Wells Fargo Securities, LLC are acting as joint book-running managers for the offering.

This offering was made under an effective registration statement on file with the Securities and Exchange Commission. This press release shall not constitute an offer to sell, a solicitation to buy or an offer to purchase any securities. Any offers to sell, or solicitations to buy, will be made solely by means of a prospectus and related prospectus supplement filed with the Securities and Exchange Commission. A copy of the prospectus and related prospectus supplement for this offering may be obtained from Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Telephone: 888-603-5847, Email: barclaysprospectus@broadridge.com; Goldman Sachs & Co. LLC, 200 West Street, New York, New York 10282-2198, Attention: Prospectus Department, Telephone: 866-471-2526, Email: Prospectus-ny@ny.email.gs.com; U.S. Bancorp Investments, Inc., 214 N. Tryon Street, 26th Floor, Charlotte, North Carolina 28202, Attention: Credit Fixed Income, Telephone: 1-877-558-2607; or Wells Fargo Securities, LLC, 608 2nd Avenue South, Suite 1000, Minneapolis, MN 55402, Attention: WFS Customer Service, Telephone: 1-800-645-3751, Email: wfscustomerservice@wellsfargo.com.

Disclosure Regarding Forward-Looking Statements

Included herein are forward-looking statements, including statements with respect to an anticipated financing. There are many factors that affect management's views about future events and trends of the business and operations of the company, all as more thoroughly described in the company's filings with the Securities and Exchange Commission. The company does not undertake any obligation to update forward-looking information included in this release or any of its public filings.

About Lowe's

Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 20 million customers a week in the United States and Canada. With fiscal year 2020 sales of nearly $90 billion, Lowe's and its related businesses operate or service more than 2,200 home improvement and hardware stores and employ over 300,000 associates. Based in Mooresville, N.C., Lowe's supports the communities it serves through programs focused on creating safe, affordable housing and helping to develop the next generation of skilled trade experts.

LOW-IR

Contacts:

Shareholder / Analyst Inquiries:

Media Inquiries:


Kate Pearlman

Jackie Pardini Hartzell


704-775-3856

704-758-4317


kate.pearlman@lowes.com

jaclyn.pardini@lowes.com 

# # #

 

Cision
View original content to download multimedia:https://www.prnewswire.com/news-releases/lowes-prices-2-billion-notes-offering-301375736.html

SOURCE Lowe's Companies, Inc.


ę PRNewswire 2021
All news about LOWE'S COMPANIES, INC.
10/20LOWE : Launches the Holidays with Everything Consumers Need to "Make More" Merriment
PR
10/19LOWE'S COMPANIES, INC. : Ex-dividend day for
FA
10/14LOWE : Home Depot Likely to Benefit From Strong Home Improvement Interest, UBS Says
MT
10/13LOWE : Launches Lowe's One Roof Media Network, A New Kind of Retail Media Sales and Market..
PR
10/13Lowe's Launches Lowe's One Roof Media Network, A New Kind of Retail Media Sales and Mar..
CI
10/12LOWE : Announces 2021 Vendor Partners of the Year
PR
10/08LOWE : S to start halloween celebrations early with first-ever hal-lowe-en event
AQ
10/08LOWE : Loop Capital Downgrades Lowe's Companies to Hold from Buy, Sets $220 Price Target
MT
10/07LOWE : to Participate in Virtual Fireside Chat Hosted by Guggenheim Securities, LLC
PR
10/07LOWE : Making Up for Missed Traditions, Lowe's to Start Halloween Celebrations Early with ..
PR
More news
Analyst Recommendations on LOWE'S COMPANIES, INC.
More recommendations