Davis Polk advised the representatives of the several underwriters in connection with an SEC-registered offering of $300 million aggregate principal amount of floating-rate notes due 2022, $700 million aggregate principal amount of 3.250% notes due 2022, $1 billion aggregate principal amount of 3.900% notes due 2028 and $1.5 billion aggregate principal amount of 4.500% notes due 2048 by The Home Depot, Inc.
BofA Merrill Lynch, Credit Suisse, Goldman Sachs & Co. LLC, J.P. Morgan and Joint Book-Running Managers. Barclays, BNY Mellon Capital Markets, LLC, Citigroup, Deutsche Bank Securities, Fifth Third Securities, Mizuho Securities, Morgan Stanley, RBC Capital Markets, SunTrust Robinson Humphrey, TD Securities, The Williams Capital Group, L.P., US Bancorp, Wells Fargo Securities and Ramirez & Co., Inc. acted as Co-Managers on the offering.
The Home Depot is the world’s largest home improvement specialty retailer, with 2,286 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico.
The Davis Polk corporate team included partner Richard D. Truesdell Jr. (Picture) and associates Pedro J. Bermeo, Leigh Katz and Young-Min Cho. Partner Mario J. Verdolini and associate Liang Zhang provided tax advice. Counsel Loyti Cheng and associate Hilary Smith provided environmental advice.
Involved fees earner: Pedro Bermeo – Davis Polk & Wardwell; Loyti Cheng – Davis Polk & Wardwell; Young-Min Cho – Davis Polk & Wardwell; Leigh Katz – Davis Polk & Wardwell; Hilary Smith – Davis Polk & Wardwell; Richard Truesdell Jr. – Davis Polk & Wardwell; Mario Verdolini – Davis Polk & Wardwell; Liang Zhang – Davis Polk & Wardwell;
Law Firms: Davis Polk & Wardwell;
Clients: Bank of America Merrill Lynch; Barclays Bank; BNY Mellon; Citigroup Inc.; Credit Suisse; Deutsche Bank Securities; Fifth Third Securities, Inc.; Goldman, Sachs & Co.; JP Morgan; Mizuho Securities; Morgan Stanley; Ramirez & Co.; RBC Capital Markets; SunTrust Robinson Humphrey, Inc.; TD Securities; The Williams Capital Group; US Bancorp; Wells Fargo Securities;