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Published on 11/13/2019 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

Stanley Black & Decker calls 5.75% junior debentures due 2052

By Wendy Van Sickle

Columbus, Ohio, Nov. 13 – Stanley Black & Decker called all of its outstanding 5.75% junior subordinated debentures due 2052, according to a notice.

The debentures will be redeemed at par plus accrued interest to but excluding the redemption date of Dec. 13.

HSBC Bank USA, NA is the paying agent.

The New Britain, Conn.-based company provides hand tools, power tools and accessories, industrial tools and automotive tools and equipment, mechanical access solutions, electronic security solutions and technology-based (engineered) fastening systems.


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