Davis Polk advised the joint book-running managers on the offering.
Masco Corporation executed the offering of $300 million aggregate principal amount of its 2.000% notes due 2030 and $100 million aggregate principal amount of its 4.500% notes due 2047 (the “2047 notes”). The 2047 notes are a further issuance of the 4.500% senior notes due 2047 issued in an aggregate principal amount of $300 million on June 21, 2017.
itigroup Global Markets Inc., J.P. Morgan Securities LLC and RBC Capital Markets, LLC acted as representatives of the several underwriters for the offering.
Masco Corporation is a global leader in the design, manufacture and distribution of branded home improvement and building products. Its portfolio of brands includes BEHR paint; DELTA and HANSGROHE faucets and bath and shower fixtures; KICHLER decorative and outdoor lighting; and HOT SPRING spas.
The Davis Polk corporate team included partner John B. Meade (Picture) and associates Carrie Guo, Jenny Ge and Prince Kudolo. Partner Po Sit and associate Liang Zhang provided tax advice.
Involved fees earner: Jenny Ge – Davis Polk & Wardwell; Carrie Guo – Davis Polk & Wardwell; Prince Kudolo – Davis Polk & Wardwell; John Meade – Davis Polk & Wardwell; Po Sit – Davis Polk & Wardwell; Liang Zhang – Davis Polk & Wardwell;
Law Firms: Davis Polk & Wardwell;