Fortune Brands Home & Security, Inc. (FBHS), an industry-leading home and security products company, announced that on September 9, 2019, it priced a registered public offering of $700 million aggregate principal amount of 3.25% senior unsecured notes maturing in 2029. The Company intends to use the net proceeds from the notes offering to pay down its current term loan and revolving credit facility. “Our solid business model, consistent cash flow and strong balance sheet support our investment grade ratings received from all three rating agencies,” said Patrick Hallinan, chief financial officer, Fortune Brands.

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