IHS Markit Ltd.’s $1 Billion Senior Notes Offering

Davis Polk advised IHS Markit Ltd. in connection with its SEC-registered offering of $1 billion aggregate principal amount of senior notes in two series, consisting of $400 million aggregate principal amount of 3.625% senior notes due 2024 and $600 million aggregate principal amount of 4.250% senior notes due 2029.

IHS Markit intends to use the net proceeds from this offering to repay amounts outstanding under its multi-year term loans and revolving credit facility.

IHS Markit is a leading globally diversified provider of critical information, analytics and expertise with deep sources of information, analytics and solutions for the world’s major industries, financial markets and governments.

The Davis Polk capital markets team included partners Richard D. Truesdell Jr. (Picture) and Derek Dostal and associates Roohi Gupte and Gil Savir. Counsel Patrick E. Sigmon and associate Joseph Jarashow provided tax advice. Associate Jennifer Wang provided 1940 Act advice. Counsel Charles Shi provided ERISA advice. Partner Jonathan Cooklin and associate Rosie Upstill provided U.K. tax advice.

Involved fees earner: Joseph Jarashow – Clifford Chance; Jonathan Cooklin – Davis Polk & Wardwell; Derek Dostal – Davis Polk & Wardwell; Roohi Gupte – Davis Polk & Wardwell; Gil Savir – Davis Polk & Wardwell; Charles Shi – Davis Polk & Wardwell; Patrick Sigmon – Davis Polk & Wardwell; Richard Truesdell Jr. – Davis Polk & Wardwell; Rosie Upstill – Davis Polk & Wardwell; Jennifer Wang – Davis Polk & Wardwell;

Law Firms: Clifford Chance; Davis Polk & Wardwell;

Clients: IHS Markit Ltd.;

Author: Ambrogio Visconti