MOORESVILLE, NC, Sept. 6, 2022 /PRNewswire/ — Lowe’s Companies, Inc. (NYSE:LOW) announced today it has agreed to sell $1.0 billion of 4.400% Notes due 2025, $1.25 billion of 5.000% Notes due 2033, $1.5 billion of 5.625% Notes due 2053 and $1.0 billion of 5.800% Notes due 2062 (collectively, the “Notes”). Lowe’s plans to use the net proceeds from the sale of the Notes for general corporate purposes. Closing is expected to occur on September 8, 2022subject to satisfaction of customary closing conditions.
Barclays Capital Inc., Goldman Sachs & Co. LLC, US Bancorp Investments, Inc. and Wells Fargo Securities, LLC are acting as joint book-running managers for the offering.
