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Fitch Rates The Home Depot, Inc.'s $2.5 Billion Senior Unsecured Notes 'A'

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CHICAGO--(BUSINESS WIRE)--Fitch Ratings has assigned an 'A' rating to The Home Depot Inc.'s (Home Depot) $2.5 billion issue of seven-year and 30-year senior unsecured notes. The proceeds from the issues will be used for general corporate purposes, including share buybacks. A full list of ratings follows at the end of this release. KEY RATING DRIVERS The ratings reflects the strong improvement in Home Depot's comparable store sales (comps), operating margins and free cash flow (FCF) over the pas

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