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Illinois Tool Works prices $1.5 billion notes offering due 2029

PUBT·08/13/2026 20:16:34
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Illinois Tool Works prices $1.5 billion notes offering due 2029
  • Illinois Tool Works priced USD 1.5 billion of 4.650% notes due 2029.
  • Notes issued Aug. 13, 2026; maturity set for Aug. 13, 2029.
  • Coupon fixed at 4.650%; interest payable semiannually starting Feb. 13, 2027.
  • Net proceeds earmarked to repay commercial paper borrowings; remaining funds allocated to general corporate purposes.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Illinois Tool Works Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-349149), on August 13, 2026, and is solely responsible for the information contained therein.