Illinois Tool Works issues $1.5 billion of 4.650% notes due 2029
Filed with the SEC on · Summarized by InvestorsBot
Illinois Tool Works issued $1.5 billion of notes on August 13, 2026, bearing 4.650% annual interest and maturing August 13, 2029. The company plans to use the net proceeds mainly to repay commercial paper debt, with any remaining funds available for other debt repayment and general corporate purposes.