THE HOME DEPOT, INC. (NYSE:HD) Files An 8-K Other Events
Item 8.01.
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Other Events.
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an Underwriting Agreement dated May 24, 2017 (the Underwriting
Agreement) among the Company and Deutsche Bank Securities Inc.,
Goldman Sachs Co. LLC, J.P. Morgan Securities LLC, and Merrill
Lynch, Pierce, Fenner Smith Incorporated, as representatives of
the several underwriters named therein (together, the
Underwriters). The Underwriting Agreement relates to a public
offering by the Company of $500,000,000 aggregate principal
amount of Floating Rate Notes due June 5, 2020 (the “Floating
Rate Notes”), $750,000,000 aggregate principal amount of 1.800%
Senior Notes due June 5, 2020 (the 2020 Notes) and $750,000,000
aggregate principal amount of 3.900% Senior Notes due June 15,
2047 (together with the Floating Rate Notes and the 2020 Notes,
the Notes). The offering of the Notes was made to the Companys
shelf registration statement on Form S-3 (Registration No.
333-206550) filed with the Securities and Exchange Commission on
August 25, 2015.
Notes to the Underwriters, and the Underwriters agreed to
purchase the Notes for resale to the public. The Underwriting
Agreement includes customary representations, warranties and
covenants by the Company. It also provides for customary
indemnification by each of the Company and the Underwriters
against certain liabilities and customary contribution provisions
in respect of those liabilities.
2017, subject to customary closing conditions.
Underwriting Agreement which is filed as an exhibit to this
Current Report on Form 8-K and is incorporated by reference
herein and in the above-referenced shelf registration statement.
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Item 9.01.
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Financial Statements and Exhibits.
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solely to provide information about its terms, is not intended to
provide any factual or other information about the Company or the
other parties to the agreements, and should not be relied upon by
investors for any other purpose.
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Exhibit
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Description
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1.1
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Underwriting Agreement dated as of May 24, 2017 between
The Home Depot, Inc. and Deutsche Bank Securities Inc., Goldman Sachs Co. LLC, J.P. Morgan Securities LLC, and Merrill Lynch, Pierce, Fenner Smith Incorporated, as representatives of the underwriters. |
About THE HOME DEPOT, INC. (NYSE:HD)
The Home Depot, Inc. (The Home Depot) is a home improvement retailer. The Company sells an assortment of building materials, home improvement products, and lawn and garden products, and provides various services. The Home Depot stores serves three primary customer groups: do-it-yourself (DIY) customers, do-it-for-me (DIFM) customers and professional customers. Its DIY customers are home owners purchasing products and completing their own projects and installations. The Company assists these customers with specific product and installation questions both in its stores and through online resources and other media designed to provide product and project knowledge. Its DIFM customers are home owners purchasing materials themselves and hiring third parties to complete the project or installation. Professional Customers are primarily professional renovators/remodelers, general contractors, repairmen, installers, small business owners and tradesmen. THE HOME DEPOT, INC. (NYSE:HD) Recent Trading Information
THE HOME DEPOT, INC. (NYSE:HD) closed its last trading session down -1.56 at 154.90 with 3,110,806 shares trading hands.
