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Actionable news in LOW: LOWE'S COMPANIES Inc,

Entry into a Material Definitive

On April11, 2016, Lowes Companies, Inc. (the Company) entered into an Underwriting Agreement (the Underwriting Agreement) with Wells Fargo Securities, LLC, Goldman, Sachs& Co. and U.S. Bancorp Investments, Inc., as representatives of the several underwriters named therein (together, the Underwriters), to sell to the Underwriters, who severally have agreed to purchase, $250 million aggregate principal amount of the Companys Floating Rate Notes due April15, 2019, $350 million aggregate principal amount of the Companys 1.15% Notes due April15, 2019, $1.35 billion aggregate principal amount of the Companys 2.50% Notes due April15, 2026, and $1.35 billion aggregate principal amount of the Companys 3.70% Notes due April15, 2046 (together, the Notes). The Notes were registered under the Se curities Act of 1933, as amended (the Securities Act), pursuant to the Companys registration statement on Form S-3 (File No.333-206537) filed with the Securities and Exchange Commission (the Commission) on August24, 2015. The Underwriting Agreement contains customary representations, warranties and covenants by the Company, and customary closing conditions, indemnification rights and termination provisions. The sale of the Notes is expected to close on April20, 2016.

The Notes will be issued under an...


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