Emerson Electric Co.’s €500 Million Notes Offering


Davis Polk advised the representatives of the underwriters in connection with an SEC-registered offering by Emerson Electric Co. of €500 million aggregate principal amount of 0.375% notes due 2024.

BNP PARIBAS, Citigroup, J.P. Morgan, Barclays, BofA Merrill Lynch, Deutsche Bank, HSBC, Wells Fargo Securities acted as underwriters in the deal.

Emerson was incorporated in Missouri in 1890 and has evolved through internal growth and strategic acquisitions from a regional manufacturer of electric motors and fans into a diversified global leader in bringing technology and engineering together to provide innovative solutions for customers in a wide range of industrial, commercial and consumer markets around the world.

The Davis Polk corporate team included partner John B. Meade (Picture) and associate Rahim Manji. Partner Michael Mollerus and associate Daniel L. Jose provided tax advice. Counsel David A. Zilberberg and associate Rachel Hoberman provided environmental advice. European counsel John Taylor provided European regulatory advice.

Involved fees earner: Rachel Hoberman – Davis Polk & Wardwell; Daniel Jose – Davis Polk & Wardwell; Rahim Manji – Davis Polk & Wardwell; John Meade – Davis Polk & Wardwell; Michael Mollerus – Davis Polk & Wardwell; John Taylor – Davis Polk & Wardwell; David Zilberberg – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: Bank of America Merrill Lynch; Barclays Bank; BNP Paribas; Citigroup Global Markets Ltd; Deutsche Bank AG; HSBC; JP Morgan; Wells Fargo Securities;

Author: Ambrogio Visconti