Citibank Agents $1.25B Facility for Stanley Black & Decker

Stanley Black & Decker entered into a 364-day credit agreement consisting of a $1.25 billion revolving credit loan with a sub-limit of an amount equal to euro equivalent of $400 million.

Stanley to Purchase Craftsman Brand From Sears For $900MM

Stanley Black & Decker will purchase the Craftsman brand from Sears Holdings in a transaction valued at approximately $900 million.