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Home Depot closes $2B debt offering

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Home Depot closes $2B debt offering

Home Depot Inc. on Jan. 13 completed its previously announced public offering of two series of notes worth a combined $2 billion, according to a regulatory filing.

The Atlanta-based home improvement chain offered $750 million of its 2.950% notes due 2029 and $1.25 billion of its 3.125% notes due 2049.

Home Depot planned to use the proceeds from the offering for general corporate purposes, including share repurchases.

BofA Securities Inc., Credit Suisse Securities (USA) LLC, Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC acted as joint book-running managers for the offerings.