debt
confidence high
sentiment neutral
materiality 0.50
Sherwin-Williams issues $850M in senior notes; $400M at 4.550% due 2028, $450M at 4.800% due 2031
SHERWIN WILLIAMS CO
- Issued $400M principal of 4.550% Senior Notes due 2028 and $450M of 4.800% Senior Notes due 2031.
- Notes offered under shelf registration statement (File No. 333-266623) with Citigroup, U.S. Bancorp, Wells Fargo as underwriters.
- Supplemental indentures dated August 9, 2024 with U.S. Bank Trust Company as trustee.
- No specific use of proceeds disclosed; typical for general corporate purposes.