09:05 AM EDT, 06/17/2024 (MT Newswires) -- Home Depot ( HD ) is turning to the bond market to bankroll $7 billion to $10 billion of its $18.25 billion acquisition of construction products distributor SRS Distribution, Bloomberg reported Monday, citing a person familiar with the matter.

The home improvement and hardware retailer is selling bonds in the US investment-grade market in up to nine offerings, Bloomberg cited its source as saying.

Home Depot ( HD ) did not immediately reply to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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