Illinois Tool Works prices $1.5 billion notes offering due 2029 - ITW News | RalliesIllinois Tool Works prices $1.5 billion notes offering due 2029
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ITW• Illinois Tool Works prices $1.5 billion notes due 2029
- Illinois Tool Works priced USD 1.5 billion of 4.650% notes due 2029.
- Notes issued Aug. 13, 2026; maturity set for Aug. 13, 2029.
- Coupon fixed at 4.650%; interest payable semiannually starting Feb. 13, 2027.
- Net proceeds earmarked to repay commercial paper borrowings; remaining funds allocated to general corporate purposes.
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