The Sherwin-Williams Company
|Deal Type||Debt Capital Markets|
|Client & Transactional Partners||The Sherwin-Williams Company||Our Role||Co-Manager|
On August 26, 2019, The Sherwin-Williams Company (“Sherwin-Williams” or the “Company”) priced $1.35 billion of Senior Notes in two tranches. $800 million of Senior Notes due 2029 and $550 million of Senior Notes due 2049.
The net proceeds from the offering will be used, along with cash on hand, to fund the tender offers of a portion of the Company’s Senior Notes due 2020 and Senior Notes due 2022 with the remaining proceeds earmarked for general corporate purposes.
KeyBanc Capital Markets acted as Co-Manager on the transaction.