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Home Depot Raises $2B In Note Sale

Home Depot has raised $2 billion in a two-part sale of notes.

Home Depot has raised $2 billion in a two-part sale of notes, Reuters reports. The bonds worth $1 billion will mature on April 1, 2021, while the second tranche of $1 billion notes will be due on April 1, 2041.

The U.S. home improvement and construction products retailer will use the proceeds for general corporate purposes, adds The Wall Street Journal. The joint book-running managers for the sale were Bank of America Merrill Lynch, Credit Suisse, Deutsche Bank, Goldman Sachs and JP Morgan.

Click here for the story from Reuters.

Click here for additional coverage from The Wall Street Journal.

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