secwatch.observer — SEC 8-K summary
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Issuer:     LOWES COMPANIES INC (LOW)
CIK:        0000060667
Form:       8-K
Filed at:   2022-03-24T23:59:59+00:00
Accession:  0001193125-22-083878
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lowe's issues $5B in four tranches of unsecured notes due 2027-2062
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- Issued $5B aggregate: $750M 3.35% notes due 2027, $1.5B 3.75% due 2032, $1.5B 4.25% due 2052, $1.25B 4.45% due 2062.
- Net proceeds approximately $4.956B after expenses and underwriting discount.
- Notes are unsecured and rank equally with existing senior unsecured debt.
- Make-whole call provisions with Treasury rate plus 15-30 bps before par call dates; at par thereafter.
- Holders may require repurchase at 101% upon a change-of-control triggering event.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/60667/000119312522083878/0001193125-22-083878-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/60667/000119312522083878/d325700d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-083878

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