Lowe's Companies, Inc.

$3,000,000,000
Two Tranche Senior Notes due 2029 and 2049
Co-Manager

Transaction summary

On April 3, 2019, BB&T Capital Markets served as a co-manager for a two tranche offering of $3.0 billion senior notes due by Lowe’s Companies.

Proceeds from the offering are being used to repay existing debt and for general corporate purposes.

About the company

Lowe’s Companies, Inc. (NYSE:LOW)

Lowe's Companies, Inc., together with its subsidiaries, operates as a home improvement retailer in the United States, Canada, and Mexico. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It provides home improvement products in various categories, such as lumber and building materials, appliances, seasonal and outdoor living, tools and hardware, fashion fixtures, rough plumbing and electrical, paint, millwork, lawn and garden, flooring, and kitchens. It also offers installation services through independent contractors in various product categories; extended protection plans; and in-warranty and out-of-warranty repair services. The company sells its national brand-name merchandise and private branded products to homeowners, renters, and professional customers. As of February 1, 2019, it operated 2,015 home improvement and hardware stores. The company also sells its products through online sites comprising Lowes.com and Lowesforpros.com; and through mobile applications. Lowe's Companies, Inc. was founded in 1946.

Learn moreabout Lowe’s Companies, Inc. (opens in a new tab)

Consumer & Retail

Our team of industry experts combines decades of experience working with retail and consumer companies on a broad variety of financial transactions.

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