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Illinois Tool Works Inc. -- Moody's assigns A2 rating to ITW's new unsecured notes

Moody's Investors Service ("Moody's") assigned an A2 rating to Illinois Tool Works Inc.'s ("ITW") new euro-denominated senior unsecured notes. For provisional ratings, this announcement provides certain regulatory disclosures in relation to the provisional rating assigned, and in relation to a definitive rating that may be assigned subsequent to the final issuance of the debt, in each case where the transaction structure and terms have not changed prior to the assignment of the definitive rating in a manner that would have affected the rating.