Stanley Black & Decker offers two fixed-rate notes

Chicago, March 1 – Stanley Black & Decker, Inc. is offering two tranches of fixed-rate notes, according to a 424B5 filing with the Securities and Exchange Commission.

There will be change-of-control protection at 101.

There will be optional make-whole calls and par calls on both notes.

BofA Securities, Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC and Wells Fargo Securities, LLC will be the joint bookrunners.

Bank of New York Mellon Trust Co., NA is the trustee.

The company is using in-house counsel and Skadden, Arps, Slate, Meagher & Flom LLP. The underwriters are using Davis Polk & Wardwell LLP.

Proceeds will be used for general corporate purposes, including to repay debt under the issuer’s commercial paper facilities.

Stanley Black & Decker is a New Britain, Conn.-based maker of hand tools, power tools, outdoor products and accessories.

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