LOWE’S PRICES $5 BILLION NOTES OFFERING


MOORESVILLE, N.C., March 22, 2022 /PRNewswire/ — Lowe’s Corporations, Inc. ( NYSE: LOW) introduced at the moment it has agreed to promote $750 million of three.350% Notes due 2027, $1.5 billion of three.750% Notes due 2032, $1.5 billion of 4.250% Notes due 2052 and $1.25 billion of 4.450% Notes due 2062 (collectively, the “Notes”). Lowe’s plans to make use of the online proceeds from the sale of the Notes for basic company functions. Closing is anticipated to happen on March 24, 2022, topic to satisfaction of customary closing situations.

BofA Securities, Inc., Citigroup World Markets Inc., J.P. Morgan Securities LLC, and RBC Capital Markets, LLC are appearing as joint book-running managers for the providing.

This providing was made underneath an efficient registration assertion on file with the Securities and Trade Fee. This press launch shall not represent a suggestion to promote, a solicitation to purchase or a suggestion to buy any securities. Any provides to promote, or solicitations to purchase, shall be made solely by the use of a prospectus and associated prospectus complement filed with the Securities and Trade Fee. A duplicate of the prospectus and associated prospectus complement for this providing could also be obtained from BofA Securities, Inc., 200 North School Road, NC1-004-03-43, Charlotte, NC 28255-0001, Consideration: Prospectus Division, phone: 1-800-294-1322, e mail: [email protected]; Citigroup World Markets Inc., c/o Broadridge Monetary Options, 1155 Lengthy Island Avenue, Edgewood, NY 11717, phone: 1-800-831-9146, e mail: [email protected]; J.P. Morgan Securities LLC, c/o Broadridge Monetary Options, Attn: Prospectus Division, 1155 Lengthy Island Avenue, Edgewood, NY 11717, phone: 1-866-803-9204; or RBC Capital Markets, LLC, 200 Vesey Road, eighth Flooring, New York, NY 10281, Consideration: Transaction Administration, phone: 1-866-375-6829, e mail: [email protected].

Disclosure Relating to Ahead-Wanting Statements

Included herein are forward-looking statements, together with statements with respect to an anticipated financing. There are various components that have an effect on administration’s views about future occasions and developments of the enterprise and operations of the corporate, all as extra totally described within the firm’s filings with the Securities and Trade Fee. The corporate doesn’t undertake any obligation to replace forward-looking info included on this launch or any of its public filings.

About Lowe’s

Lowe’s Corporations, Inc. ( NYSE: LOW) is a FORTUNE® 50 residence enchancment firm serving roughly 19 million buyer transactions per week in america and Canada. With fiscal 12 months 2021 gross sales of over $96 billion, Lowe’s and its associated companies function or service practically 2,200 residence enchancment and {hardware} shops and make use of over 300,000 associates. Primarily based in Mooresville, N.C., Lowe’s helps the communities it serves by way of applications targeted on creating secure, reasonably priced housing and serving to to develop the following era of expert commerce specialists. For extra info, go to Lowes.com.

LOW-IR

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Shareholder / Analyst Inquiries:        

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Kate Pearlman                                        

Steve Salazar


704-775-3856                                         

704-758-4345


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SOURCE Lowe’s Corporations, Inc.



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