Home Depot in Notes Offering

February 12, 2016

Cleary Gottlieb represented the underwriters, led by Barclays, Merrill Lynch, Goldman Sachs and J.P. Morgan in an SEC-registered offering by The Home Depot of $1.35 billion principal amount of 2.000% senior notes due 2021, $1.3 billion principal amount of 3.000% senior notes due 2026 and $350 million principal amount of 4.250% senior notes due 2046. The transaction priced on February 3 and closed on February 12.

Home Depot is the world’s largest home improvement retailer, based on net sales. Home Depot stores sell a wide assortment of building materials, home improvement and lawn and garden products and provide a number of services in over 2270 stores throughout the United States, Canada and Mexico.