Home Depot’s $2 Billion Notes Offering

Cleary Gottlieb represented the underwriters, led by BofA Merrill Lynch, Deutsche Bank, Goldman Sachs and J.P. Morgan, in a $2 billion SEC-registered offering by The Home Depot, Inc.

The offering consists of $500 million principal amount of floating rate notes due 2020, $750 million principal amount of 1.800 percent senior notes due 2020 and $750 million principal amount of 3.900 percent senior notes due 2047. The transaction priced on May 24, 2017, and is expected to close on June 5, 2017.