On Monday, shares of Mondelez International Inc (NASDAQ:MDLZ), included 0.14 % and shut at $42.98 inside the end purchasing and offering session. The last exchanging scope of the stock ranges amongst $42.72 and $43.20. Mondelēz International, Inc. (the “Company”) recently called for redemption the entire $850 million aggregate principal amount of its outstanding 2.250% Notes due 2019 (CUSIP No. 609207AA3) (the “Notes”), which were issued following the Indenture, dated as of Oct. 17, 2001 (as supplemented and amended from time to time, the “Base Indenture”), by and between the Company and Deutsche Bank Trust Company Americas (as successor to The Bank of New York, as successor to The Chase Manhattan Bank), as trustee, as supplemented by the Officers’ Certificate of the Company, dated as of Jan. 16, 2014, issued following Section 301 of the Base Indenture.
The Notes will be redeemed on Dec. 16, 2016 (the “Redemption Date”), at a redemption price (the “Redemption Price”) equal to the greater of (1) 100 percent of the principal amount of the Notes to be redeemed or (2) the sum of the present values of each remaining planned payment of principal and interest thereon (exclusive of interest accrued to the Redemption Date) discounted to the Redemption Date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate (as defined in the Notes) plus 10 basis points, plus accrued and unpaid interest on the principal amount of the Notes to, but not counting, the Redemption Date.
Shares of Lowe’s Companies, Inc. (NYSE:LOW), added 0.14 % and shut at $69.41 inside the last exchanging session. The rest of the purchasing and offering scope of the stock levels among $68.83 and $69.70. The association’s commercial center capitalization is $62.78 Billion with the general uncommon loads of 881.00 million. Lowes Companies, Inc. operates as a home improvement retailer. It offers products for home maintenance, repair, remodeling, and decorating. The company provides home improvement products in various categories, such as lumber and building materials, tools and hardware, appliances, fashion fixtures, rough plumbing and electrical, lawn and garden, seasonal living, paint, flooring, millwork, kitchens, outdoor power equipment, and home fashions. It also offers installation services through independent contractors in various product categories; extended protection plans; and in-warranty and out-of-warranty repair services. The company sells its national brand-name merchandise and private branded products to homeowners, renters, and professional customers; and retail customers comprising individual homeowners and renters. As of January 29, 2016, it operated 1,857 home improvement and hardware stores in the United States, Canada, and Mexico.