secwatch.observer — SEC 8-K summary
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Issuer:     LOWES COMPANIES INC (LOW)
CIK:        0000060667
Form:       8-K
Filed at:   2021-09-20T23:59:59+00:00
Accession:  0001193125-21-277342
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lowe's issues $2.0B in unsecured notes in two tranches with tenors 2028 and 2041
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- Issued $1.0B of 1.700% Notes due Sept 15, 2028 and $1.0B of 2.800% Notes due Sept 15, 2041.
- Net proceeds approximately $1.981B after underwriting discount and expenses.
- Notes are unsecured obligations ranking equally with existing and future senior unsecured debt.
- Redeemable at Lowe's option at Treasury rate plus 10 bps (2028) or 15 bps (2041) prior to par call date.
- Holders may require repurchase at 101% upon a Change of Control Triggering Event.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/60667/000119312521277342/0001193125-21-277342-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/60667/000119312521277342/d217830d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-277342

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