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Home Depot ( (HD) ) has provided an update.
Home Depot has adjusted its credit facilities following the acquisition of SRS Distribution Inc. The company terminated its $1 billion three-year credit facility and reduced commitments under its $3.5 billion 364-day credit facility to $2 billion, ensuring a $7 billion borrowing capacity for its commercial paper program.
More about Home Depot
Home Depot operates in the home improvement retail industry, offering a wide range of products for home renovation, repair, and maintenance. It is a leading retailer in the U.S. market, focusing on both DIY customers and professional contractors.
YTD Price Performance: 15.82%
Average Trading Volume: 3,349,257
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $391.2B
Learn more about HD stock on TipRanks’ Stock Analysis page.
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