Shearman & Sterling Advises on Lowe’s Companies Inc.’s $1 Billion Investment Grade Debt Offering

Shearman & Sterling represented Wells Fargo Securities, LLC and U.S. Bancorp Investments, Inc. as representatives of the several underwriters in connection with Lowe’s Companies, Inc.’s public offering of its $475 million of 2.125% Notes due 2016 and $525 million of its 3.750% Notes due 2021. Lowe’s is the second largest home improvement retailer in the world.

The following Shearman & Sterling team advised the underwriters in the transaction: partners Joel Klaperman (New York-Capital Markets) and Don Lonczak (Washington DC-Tax); associates Marwa M. Elborai (New York-Capital Markets), Tina Varghese (New York-Capital Markets), and Alex Sundstrom (Washington DC-Tax); and legal assistant Kristi Anne Nadvornik (New York-Capital Markets).

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