Lowe’s Companies, Inc., a one of the largest home improvement retailers, announced Wednesday that the company has agreed to sell nearly $4 billion worth of notes, according to a press release.

Lowe’s will sell $1 billion of 1.3 percent notes due 2028, $1.25 billion of 1.7 percent notes due 2030 and $1.75 billion of 3 percent notes due 2050, amounting to a total of $3.97 billion after expenses and discounts.

The money used from the sale of the notes will be used to buy other existing notes in “concurrent tender offers” which were also made on Wednesday.

Lowe’s expects the close to be on Oct. 22, 2020 and the tender offers will expire at midnight, Nov. 4, 2020.

The joint book-running managers of the offers are Barclays Capital Inc., Goldman Sachs & Co. LLC, Wells Fargo Securities, LLC and U.S. Bancorp Investments, Inc.

Lowe’s shares (LOW) were last trading up $1.82 near $172.69.