Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
LOWES COMPANIES INC incurred senior notes of $3.0 billion with U.S. Bank Trust Company, National Association at 4.800% per annum (2026 Notes), 5.150% per annum (2033 Notes), 5.750% per annum ( maturing April 1, 2026 (2026 Notes), July 1, 2033 (2033 Notes), July 1, 2053 (2053 Notes), April 1, 2063 (2063 Notes).
- Instrument
- senior notes
- Principal
- $3.0 billion
- Counterparty
- U.S. Bank Trust Company, National Association
- Rate
- 4.800% per annum (2026 Notes), 5.150% per annum (2033 Notes), 5.750% per annum (
- Maturity
- April 1, 2026 (2026 Notes), July 1, 2033 (2033 Notes), July 1, 2053 (2053 Notes), April 1, 2063 (2063 Notes)
- Event
- incurrence
Exact text from the filing
On March 30, 2023, Lowe’s Companies, Inc. (the “Company”) issued an aggregate of $3.0 billion of unsecured notes, consisting of $1.0 billion aggregate principal amount of its 4.800% Notes due April 1, 2026 (the “2026 Notes”), $1.0 billion aggregate principal amount of its 5.150% Notes due July 1, 2033 (the “2033 Notes”), $500 million aggregate principal amount of its 5.750% Notes due July 1, 2053 (the “2053 Notes”) and $500 million aggregate principal amount of its 5.850% Notes due April 1, 2063 (the “2063 Notes” and, together with the 2026 Notes, 2033 Notes and 2053 Notes, the “Notes”).
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
LOWES COMPANIES INC entered into Twenty-Second Supplemental Indenture with U.S. Bank Trust Company, National Association valued at $3.0 billion (effective 2023-03-30).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- U.S. Bank Trust Company, National Association
- Value
- $3.0 billion
- Effective
- 2023-03-30
Exact text from the filing
On March 30, 2023, Lowe’s Companies, Inc. (the “Company”) issued an aggregate of $3.0 billion of unsecured notes, consisting of $1.0 billion aggregate principal amount of its 4.800% Notes due April 1, 2026 (the “2026 Notes”), $1.0 billion aggregate principal amount of its 5.150% Notes due July 1, 2033 (the “2033 Notes”), $500 million aggregate principal amount of its 5.750% Notes due July 1, 2053 (the “2053 Notes”) and $500 million aggregate principal amount of its 5.850% Notes due April 1, 2063 (the “2063 Notes” and, together with the 2026 Notes, 2033 Notes and 2053 Notes, the “Notes”).
View on SEC.gov