debt
confidence high
sentiment neutral
materiality 0.50
Grainger closes $500M offering of 4.450% Senior Notes due 2034
W.W. GRAINGER, INC.
- Issued $500M aggregate principal of 4.450% Senior Notes due 2034 on September 12, 2024.
- Underwriting agreement dated September 5 with BofA Securities, J.P. Morgan Securities, and Wells Fargo Securities.
- Fifth Supplemental Indenture with U.S. Bank Trust Company as trustee executed on same date.
- Notes are senior unsecured obligations; use of proceeds not specified in filing.