Tractor Supply prices USD 500 million 5.2% senior notes due 2032 under Wells Fargo, BofA underwriting
TSCO•Senior notes pricing and terms
Tractor Supply entered an underwriting agreement with Wells Fargo Securities and BofA Securities for USD 500 million of 5.200% Senior Notes due 2032.
- Notes issued Aug. 25, 2026
- Interest payable semiannually starting Jan. 30, 2027
- Maturity Jan. 30, 2032
- Net proceeds earmarked to repay borrowings under its senior credit facility, with remaining funds for general corporate purposes
- Some underwriter affiliates are lenders under the credit facility; they will receive at least 5% of net proceeds via repayment
- Company can redeem before Dec. 30, 2031 at a make-whole price; par call begins Dec. 30, 2031
