Moody’s Investors Service (Moody’s) assigned a Baa3 rating to Fortune Brands Home & Security, Inc.’s (Fortune Brands) proposed benchmark size offering of senior unsecured notes due 2029. The balance of proceeds will be used to prefund the repayment of the $400.0 million senior unsecured notes at its due date: June 15, 2020. Fortune Brands will borrow under its revolving credit facility to pay off any remaining balance of these notes.
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