Stanley Black & Decker, Inc. (NYSE: SWK) announced today that it priced its offering of $500 million aggregate principal amount of 3.400% Notes due 2026. The offering is being made under the Company's existing shelf registration statement previously filed with the Securities and Exchange Commission and is expected to close on March 1, 2019.

The Company will receive net proceeds of approximately $495.8 million from the sale of the Securities, after deducting the underwriters' discounts and commissions and offering expenses. The Company intends to use the net proceeds from the offering for general corporate purposes, including repayment of borrowings.

Citigroup Global Markets Inc., Deutsche Bank Securities Inc., RBC Capital Markets, LLC and Wells Fargo Securities, LLC are acting as joint book-running managers of this offering.

About Stanley Black & Decker

Stanley Black & Decker, an S&P 500 company, is a diversified global provider of hand tools, power tools and related accessories, electronic security solutions, healthcare solutions, engineered fastening systems, and more.