secwatch.observer — SEC 8-K summary
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Issuer:     LOWES COMPANIES INC (LOW)
CIK:        0000060667
Form:       8-K
Filed at:   2023-03-30T23:59:59+00:00
Accession:  0001193125-23-085712
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 $3.0B of unsecured notes in four tranches with maturities from 2026 to 2063
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- Issued $1.0B 4.800% Notes due 2026, $1.0B 5.150% Notes due 2033, $500M 5.750% Notes due 2053, $500M 5.850% Notes due 2063.
- Net proceeds of approximately $2.978B after expenses and underwriting discount.
- Notes are unsecured, rank equally with existing senior debt; no listing on any exchange planned.
- Redemption prices include make-whole premiums ranging from 15 to 35 bps over Treasury prior to par call dates.
- Holders may require repurchase at 101% upon a Change of Control Triggering Event.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/60667/000119312523085712/0001193125-23-085712-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/60667/000119312523085712/d312306d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-085712

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