Davis Polk advised the joint book-running managers and underwriters on an SEC-registered offering by Stanley Black & Decker, Inc. of $500 million aggregate principal amount of 3.400% fixed-rate senior notes due 2026.
Citigroup Global Markets Inc., Deutsche Bank Securities Inc., RBC Capital Markets, LLC and Wells Fargo Securities, LLC acted as underwriters in the deal.
Stanley Black & Decker is a diversified global provider of hand tools, power tools and related accessories, mechanical access solutions (primarily automatic doors), electronic security and monitoring systems, health care solutions, engineered fastening systems and products and services for various industrial applications.
The Davis Polk corporate team included partner John G. Crowley (Picture) and associates Yoojin L. Kim and Meaghan Kennedy. The tax team included partner Lucy W. Farr and associate Rebecca A. Rosen. Counsel Betty Moy Huber and associate Michael Comstock provided environmental advice.
Involved fees earner: Michael Comstock – Davis Polk & Wardwell; John Crowley – Davis Polk & Wardwell; Lucy Farr – Davis Polk & Wardwell; Betty Moy Huber – Davis Polk & Wardwell; Meaghan Kennedy – Davis Polk & Wardwell; Yoojin Kim – Davis Polk & Wardwell; Rebecca Rosen – Davis Polk & Wardwell;
Law Firms: Davis Polk & Wardwell;