New York, June 02, 2014 -- Moody's Investors Service today assigned an A3 rating to The TJX Companies, Inc. ("TJX") proposed offering of $500 million notes. The net proceeds from the offering are expected to repay or redeem TJX's 4.20% Notes due 2015 and for working capital and other general corporate purposes. The net proceeds may be invested temporarily until they are used for their stated purpose. The rating outlook is stable. The proposed transaction will lengthen TJX's debt maturity profile and the limited increased in debt has a negligible impact on the company's credit metrics which are strong for its current rating.

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