Home Depot $2 billion notes offering
The investment-grade notes are due 2025, 2026 and 2029
Davis Polk advised the representatives of the several underwriters in connection with an SEC-registered offering of $500 million aggregate principal amount of 5.125% notes due 2025, $750 million aggregate principal amount of 4.950% notes due 2026 and $750 million aggregate principal amount of 4.900% notes due 2029 by The Home Depot, Inc.
The Home Depot is the world’s largest home improvement retailer, with 2,333 stores located throughout the United States (including the Commonwealth of Puerto Rico and the territories of the U.S. Virgin Islands and Guam), Canada and Mexico.
The Davis Polk capital markets team included partner Pedro J. Bermeo and associates Javier Félix and Rachel Jang. Partner Mario J. Verdolini and associate William Liang provided tax advice. Counsel Loyti Cheng and associate Timothy J. Sullivan provided environmental advice. All members of the Davis Polk team are based in the New York office.