Lowe’s Kicks Off Five-Part Bond Sale to Fund FBM Acquisition
PositiveFinancial Markets

Lowe's is making a strategic move by launching a five-part bond sale to finance its acquisition of Foundation Building Materials. This initiative not only highlights Lowe's commitment to expanding its business but also reflects a growing trend in the US investment-grade debt market, where several companies are seeking to raise funds. This acquisition could enhance Lowe's product offerings and market position, making it an important development for both the company and its investors.
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