The Home Depot, Inc.’s $1.4 Billion Notes Offering

Davis Polk advised the underwriters in connection with an SEC-registered offering by The Home Depot, Inc.

The Home Depot, Inc. offered $1 billion aggregate principal amount of 2.950% notes due 2029 and $400 million aggregate principal amount of 3.900% notes due 2047.

Barclays, BofA Merrill Lynch, J.P. Morgan Morgan Stanley, BNY Mellon Capital Markets, LLC, Citigroup, Credit Suisse, Deutsche Bank Securities, Fifth Third Securities, Goldman Sachs & Co. LLC, Mizuho Securities, RBC Capital Markets, SunTrust Robinson Humphrey, TD Securities, The Williams Capital Group, L.P., US Bancorp, Wells Fargo Securities and Ramirez & Co., Inc. acted as underwriters on the deal.

The Home Depot is the world’s largest home improvement specialty retailer, with 2,289 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico.

The Davis Polk corporate team included partner Richard D. Truesdell Jr. (Picture) and associates Pedro J. Bermeo, Young-Min Cho and Annie Li. Partner Mario J. Verdolini and associate Liang Zhang provided tax advice. Counsel Loyti Cheng and associate Rachel Hoberman provided environmental advice.

Involved fees earner: Pedro Bermeo – Davis Polk & Wardwell; Young-Min Cho – Davis Polk & Wardwell; Annie Li – Davis Polk & Wardwell; Richard Truesdell Jr. – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: Bank of America Merrill Lynch; Barclays Capital ; BNY Mellon; Citigroup Global Markets Ltd; Credit Suisse Securities (USA) LLC; Deutsche Bank Securities; Fifth Third Securities, Inc.; Goldman Sachs & Co.; J.P. Morgan Securities LLC; Mizuho Securities; Morgan Stanley; RBC Capital Markets; Samuel A. Ramirez & Company, Inc.; SunTrust Robinson Humphrey, Inc.; TD Securities; The Williams Capital Group; U.S. Bancorp Investments; Wells Fargo Securities;

Author: Ambrogio Visconti