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Stanley Black & Decker prices notes offering

  • Stanley Black & Decker (NYSE:SWK) priced its offering of $750M principal amount of 2.750% notes due 2050 at 99.735% of par.
  • Offer expected to close on Nov.2.
  • Net proceeds of $739.5M; along with short-term borrowings and cash on hand, to be used for redeeming in full its 3.40% notes due 2021 and its 2.90% notes due 2022.

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Stanley Black & Decker, Inc.