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Actionable news in LOW: LOWE'S COMPANIES Inc,

Lowe's Companies just filed a prospectus, suggesting it plans to soon issue some securities

Lowe's Companies just came out with a new prospectus, available here. This is an SEC requirement for firms looking to issue certain types of securities. An excerpt of the prospectus is provided below:

We estimate that the net proceeds from this offering will be approximately $3.26 billion, after deducting our estimated offering expenses and the underwriting discount. We plan to use the net proceeds from the sale of the Notes (i) to fund the RONA acquisition, (ii) for the repayment of $475 million aggregate principal amount at maturity of our 2.125% notes due April...


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