Retailer sells $2 billion in bonds to finance stock repurchases.
By Charles Mead and Chris Burritt, Bloomberg|April 17, 2012 at 09:05 AM
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Lowe’s Cos. is raising $2 billion in the bond market to finance stock repurchases as the second-biggest U.S. home-improvement retailer boosts leverage to reward shareholders even as its profitability wanes.
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