Stanley Black & Decker’s $1.5 Billion Senior Notes and Junior Subordinated Debentures Offering

Davis Polk advised the joint book-running managers and representatives of the underwriters. Skadden, Arps, Slate, Meagher & Flom acted as pecial New York counsel to Stanley Black & Decker, Inc. Donald J. Riccitelli acted as Assistant General Counsel to Stanley Black & Decker, Inc.

Stanley Black & Decker, Inc. completed its underwritten public offerings of $750,000,000 in aggregate principal amount of the 2.300% Notes due 2030 and $750,000,000 in aggregate principal amount of the 4.000% Fixed-to-Fixed Reset Rate Debentures due 2060.

BofA Securities, Inc., Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC and Wells Fargo Securities, LLC acted as joint book-running managers of this offering.

Stanley Black & Decker is a diversified global provider of hand tools, power tools and related accessories, engineered fastening systems and products, services and equipment for oil & gas and infrastructure applications, commercial electronic security and monitoring systems, healthcare solutions and automatic doors.

The Davis Polk corporate team included partner John G. Crowley (Picture) and associate Jolie Yang. The tax team included partner Lucy W. Farr and associate Rebecca A. Rosen. Counsel Betty Moy Huber and associate Michael Comstock provided environmental advice.

Involved fees earner: Michael Comstock – Davis Polk & Wardwell; John Crowley – Davis Polk & Wardwell; Lucy Farr – Davis Polk & Wardwell; Betty Moy Huber – Davis Polk & Wardwell; Rebecca Rosen – Davis Polk & Wardwell; Jolie Yang – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: Bank of America Securities; Citigroup Global Markets Ltd; Credit Suisse Securities (USA) LLC; J.P. Morgan Securities LLC; Wells Fargo Securities;

Author: Ambrogio Visconti