Home Depot Inc.'s Proposed Senior Unsecured Notes Rated 'A' - S&P Global Ratings’ Credit Research

Home Depot Inc.'s Proposed Senior Unsecured Notes Rated 'A'

Home Depot Inc.'s Proposed Senior Unsecured Notes Rated 'A' - S&P Global Ratings’ Credit Research
Home Depot Inc.'s Proposed Senior Unsecured Notes Rated 'A'
Published Feb 03, 2016
Published Feb 03, 2016
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Abstract:

NEW YORK (Standard&Poor's) Feb. 3, 2015--Standard&Poor's Ratings Services today assigned its 'A' issue-level rating to Atlanta-based Home Depot Inc.'s proposed two tranches of senior unsecured notes that mature in 2021 and 2026. We expect the proposed notes to total approximately $3 billion, which Home Depot will use to repay its 5.4% $3 billion notes due March 1, 2016. We expect the company to issue the proposed notes under its shelf registration statement filed Aug. 25, 2015. Our 'A' corporate credit rating and stable outlook on Home Depot are unchanged. Our ratings on Home Depot reflect the company?s strong market position as the largest home-improvement retailer in the world, its attractive U.S. store footprint, good store performance

  
Report Type:

Ratings Action

Ticker
Issuer
GICS
Home Improvement Retail (25504030)
Sector
Global Issuers , Structured Finance
Country
Region
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S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

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MLA:
S&P Global Ratings’ Credit Research. "Home Depot Inc.'s Proposed Senior Unsecured Notes Rated 'A'" Feb 03, 2016. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Home-Depot-Inc-s-Proposed-Senior-Unsecured-Notes-Rated-A-1572627>
  
APA:
S&P Global Ratings’ Credit Research. (). Home Depot Inc.'s Proposed Senior Unsecured Notes Rated 'A' Feb 03, 2016. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Home-Depot-Inc-s-Proposed-Senior-Unsecured-Notes-Rated-A-1572627>
  
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