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Stanley Black & Decker plans $345 million resale of notes due 2018
By Devika Patel
Knoxville, Tenn., Nov. 7 – Stanley Black & Decker, Inc. plans to price a $345 million remarketing of subordinated notes (Baa2/A-/BBB+) due Nov. 17, 2018, according to a form 424B3 filed with the Securities and Exchange Commission on Monday.
The notes are non-callable.
Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC and J.P. Morgan Securities LLC are the bookrunners.
Stanley Black & Decker is a New Britain, Conn.-based maker of hand tools, power tools and accessories.
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