ITW issues $1.5B of 4.650% notes due 2029 to refinance commercial paper

Filed August 13, 2026 · Period ending August 11, 2026 · ~1 min read

Key Changes

• high

  Issued $1.5 billion in 4.650% senior notes maturing August 2029, with semi-annual interest payments beginning February 2027.

  Item 8.01 verify on EDGAR →
• medium

  Proceeds will primarily repay commercial paper borrowings, with any remainder for general corporate purposes including potential debt repayment.

  Item 8.01 verify on EDGAR →
• medium

  The three-year fixed-rate structure replaces short-term commercial paper with longer-term financing at a locked-in rate.

  Item 8.01 verify on EDGAR →