{"id":537687,"date":"2021-09-13T17:17:41","date_gmt":"2021-09-13T21:17:41","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/lowes-prices-2-billion-notes-offering-2\/"},"modified":"2021-09-13T17:17:41","modified_gmt":"2021-09-13T21:17:41","slug":"lowes-prices-2-billion-notes-offering-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lowes-prices-2-billion-notes-offering-2\/","title":{"rendered":"Lowe’s Prices $2 Billion Notes Offering"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n MOORESVILLE, N.C.<\/span>, Sept. 13, 2021<\/span> \/PRNewswire\/ — Lowe’s Companies, Inc. (NYSE: LOW) announced today it has agreed to sell $1 billion<\/span> of 1.700% Notes due 2028 and $1 billion<\/span> 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<\/span>, subject to satisfaction of customary closing conditions. <\/p>\n

\n

\n
\n \"Lowe's
\n <\/a>\n <\/p>\n<\/p><\/div>\n

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. <\/p>\n

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<\/span> 11717, Telephone: 888-603-5847, Email: barclaysprospectus@broadridge.com<\/a>; Goldman Sachs & Co. LLC, 200 West Street, New York, New York<\/span> 10282-2198, Attention: Prospectus Department, Telephone: 866-471-2526, Email: Prospectus-ny@ny.email.gs.com<\/a>;\u00a0U.S. Bancorp Investments, Inc., 214 N. Tryon Street<\/span>, 26th Floor, Charlotte, North Carolina<\/span> 28202, Attention: Credit Fixed Income, Telephone: 1-877-558-2607; or Wells Fargo Securities, LLC,\u00a0608 2nd Avenue South, Suite 1000, Minneapolis, MN<\/span> 55402, Attention: WFS Customer Service, Telephone: 1-800-645-3751, Email: wfscustomerservice@wellsfargo.com<\/a>.<\/p>\n

\n Disclosure Regarding Forward-Looking Statements<\/b>\n <\/p>\n

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. <\/p>\n

\n About Lowe’s <\/b>\n <\/p>\n

Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE\u00ae 50 home improvement company serving approximately 20 million customers a week in the United States<\/span> and Canada<\/span>. With fiscal year 2020 sales of nearly $90 billion<\/span>, 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.<\/span>, 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.<\/p>\n

LOW-IR<\/p>\n

\n\n\n\n\n\n
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\n
\n Contacts:<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Shareholder \/ Analyst Inquiries:<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Media Inquiries:<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n

\n Kate Pearlman<\/span>\n <\/p>\n<\/td>\n

\n

\n Jackie Pardini Hartzell<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n

\n 704-775-3856<\/span>\n <\/p>\n<\/td>\n

\n

\n 704-758-4317<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n

\n
\n kate.pearlman@lowes.com<\/a>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n jaclyn.pardini@lowes.com<\/a>\u00a0<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

# # #<\/p>\n

\u00a0<\/p>\n

<\/div>\n

\n \"Cision\" View original content to download multimedia:https:\/\/www.prnewswire.com\/news-releases\/lowes-prices-2-billion-notes-offering-301375736.html<\/a><\/p>\n

SOURCE Lowe’s Companies, Inc.<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire 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 … <\/p>\n

Continue reading “Lowe’s Prices $2 Billion Notes Offering”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-537687","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nLowe's Prices $2 Billion Notes Offering - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lowes-prices-2-billion-notes-offering-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lowe's Prices $2 Billion Notes Offering - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire 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. 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