05/29/2019

Loop Capital Markets acts as co-manager on €1.6 billion senior unsecured, euro-denominated, bond offering of Illinois Tool Works Inc.

On May 29, 2019, Loop Capital Markets acted as a co-manager on a three-part, €1.6 billion euro-denominated, senior unsecured bond offering of Illinois Tool Works Inc.  The notes are rated A2/A+ across 12-year, 8.5-year and 5.5-year tenors.

Illinois Tool Works intends to use the net proceeds of the offering for general corporate and refinancing purposes.