General Electric’s €8 Billion Notes Offering

Davis Polk advised the bookrunners in connection with the public offering of €1.75 billion aggregate principal amount of 0.375% notes due 2022, €2 billion aggregate principal amount of 0.875% notes due 2025, €2.25 billion aggregate principal amount of 1.500% notes due 2029 and €2 billion aggregate principal amount of 2.125% notes due 2037 by General Electric Company.

BNP Paribas, Citigroup Global Markets Limited, Deutsche Bank AG, London Branch, HSBC Bank PLC, J.P. Morgan Securities plc, Merrill Lynch International, Barclays Bank PLC, Goldman Sachs & Co. LLC, Morgan Stanley & Co. International plc, Commerzbank Aktiengesellschaft, Crédit Agricole Corporate and Investment Bank, Credit Suisse Securities (Europe) Limited, ING Bank N.V., Belgian Branch, Mizuho International plc, MUFG Securities EMEA plc, RBC Europe Limited, SMBC Nikko Capital Markets Limited, Société Générale, Standard Chartered Bank, UniCredit Bank AG and Wells Fargo Securities International Limited acted as underwriters.

GE is a global digital industrial company. With products and services ranging from aircraft engines, power generation and oil and gas production equipment to medical imaging, financing and industrial products, GE serves customers in approximately 180 countries and employs approximately 295,000 people worldwide.

The Davis Polk capital markets team included partners Richard J. Sandler (Picture) and John G. Crowley and associates Donald Shum, Chris Van Buren and Bria J.M. Cunningham. The U.S. tax team included partner Po Sit and associate Dao Fu. Counsel David Wilson provided U.K. tax advice.


Involved fees earner: Richard Sandler – Davis Polk & Wardwell; John G. Crowley – Davis Polk & Wardwell; Donald Shum – Davis Polk & Wardwell; Chris Van Buren – Davis Polk & Wardwell; Bria J.M. Cunningham – Davis Polk & Wardwell; Po Sit – Davis Polk & Wardwell; Dao Fu – Davis Polk & Wardwell; David Wilson – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: Barclays Bank; BNP Paribas; Citigroup Global Markets Ltd; Commerzbank AG; Crédit Agricole Corporate and Investment Bank; Deutsche Bank AG London Branch; Goldman, Sachs & Co.; HSBC; ING Bank; Morgan Stanley; Société Générale; Standard Chartered Bank; UniCredit Bank AG; RBC Capital Markets; Wells Fargo; Mizuho Securities; Credit Suisse Securities Limited; JP Morgan Securities; Smbc Nikko Capital Markets Limited; Mitsubishi UFJ Financial Group; Merrill Lynch International;



Author: Ambrogio Visconti