| Issuer: | The Home Depot, Inc. |
| Expected Ratings (Moody’s/S&P)*: | A2/A |
| Trade Date: | June 3, 2019 |
| Settlement Date (T+10): | June 17, 2019. Under Rule 15c6-1 of the Securities Exchange Act of 1934, as amended, trades in the secondary market generally are required to settle in two business days, unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade the Notes on the date hereof or the next seven business days will be required, because the Notes initially will settle in T+10, to specify an alternate settlement cycle at the time of any such trade to prevent a failed settlement. If you wish to trade the Notes the date hereof or the next seven business days, you should consult your own advisors. |
| Title of Securities: | 2.950% Notes due June 15, 2029 (the “Notes”) |
| Principal Amount: | $1,000,000,000 |
| Maturity Date: | June 15, 2029 |
| Treasury Benchmark: | 2.375% due May 15, 2029 |
| Benchmark Yield: | 2.087% |
| Spread to Benchmark: | 93 bps |
| Reoffer Yield: | 3.017% |
| Price to Public: | 99.426% |
| Coupon: | 2.950% per annum |
| Interest Payment Dates: | Semi-annually on each June 15 and December 15, commencing on December 15, 2019 |
| Optional Redemption: | Prior to March 15, 2029, make-whole call at T+15 bps; par call on and after March 15, 2029. |
| Day Count Convention: | 30/360 |
| CUSIP/ISIN: | 437076BY7/US437076BY77 |
| Joint Book-Running Managers: | Barclays Capital Inc. BofA Securities, Inc. J.P. Morgan Securities LLC Morgan Stanley & Co. LLC |
| Co-Managers: | BNY Mellon Capital Markets, LLC Citigroup Global Markets Inc. Credit Suisse Securities (USA) LLC Deutsche Bank Securities Inc. Fifth Third Securities, Inc. Goldman Sachs & Co. LLC Mizuho Securities USA LLC RBC Capital Markets, LLC SunTrust Robinson Humphrey, Inc. TD Securities (USA) LLC The Williams Capital Group, L.P. U.S. Bancorp Investments, Inc. Wells Fargo Securities, LLC Samuel A. Ramirez & Company, Inc. |
| Issuer: | The Home Depot, Inc. |
| Ratings (Moody’s/S&P)*: | A2/A |
| Trade Date: | June 3, 2019 |
| Settlement Date (T+10): | June 17, 2019. Under Rule 15c6-1 of the Securities Exchange Act of 1934, as amended, trades in the secondary market generally are required to settle in two business days, unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade the Notes on the date hereof or the next seven business days will be required, because the Notes initially will settle in T+10, to specify an alternate settlement cycle at the time of any such trade to prevent a failed settlement. If you wish to trade the Notes the date hereof or the next seven business days, you should consult your own advisors. |
| Title of Securities: | 3.900% Notes due June 15, 2047 (the “Notes”) |
| Principal Amount: | $400,000,000 (which will have identical terms (except for the issue price, the issue date and the initial interest payment date), be fungible with and be part of a single series of senior debt securities with the $750,000,000 principal amount of the 3.900% notes due 2047 issued on June 5, 2017). The outstanding principal amount of the series of notes, after issuance of the Notes, will be $1,150,000,000. |
| Maturity Date: | June 15, 2047 |
| Treasury Benchmark: | 3.000% due February 15, 2049 |
| Benchmark Yield: | 2.551% |
| Spread to Benchmark: | 120 bps |
| Reoffer Yield: | 3.751% |
| Price to Public: | 102.542% (plus $86,666.67 of accrued interest from June 15, 2019). |
| Coupon: | 3.900% per annum |
| Interest Payment Dates: | Semi-annually on each June 15 and December 15, commencing on December 15, 2019, with interest accruing from June 15, 2019. |
| Optional Redemption: | Prior to December 15, 2046, make-whole call at T+15 bps; par call on and after December 15, 2046. |
| Day Count Convention: | 30/360 |
| CUSIP/ISIN: | 437076BS0/US437076BS00 |
| Joint Book-Running Managers: | Barclays Capital Inc. BofA Securities, Inc. J.P. Morgan Securities LLC Morgan Stanley & Co. LLC |
| Co-Managers: | BNY Mellon Capital Markets, LLC Citigroup Global Markets Inc. Credit Suisse Securities (USA) LLC Deutsche Bank Securities Inc. Fifth Third Securities, Inc. Goldman Sachs & Co. LLC Mizuho Securities USA LLC RBC Capital Markets, LLC SunTrust Robinson Humphrey, Inc. TD Securities (USA) LLC The Williams Capital Group, L.P. U.S. Bancorp Investments, Inc. Wells Fargo Securities, LLC Samuel A. Ramirez & Company, Inc. |
