Zoetis Inc. $1.5 Billion Senior Notes Offering

Davis Polk advised the joint book-running managers in connection with an SEC-registered offering by Zoetis Inc. of $300 million aggregate principal amount of its floating-rate senior notes due 2021, $300 million aggregate principal amount of its 3.250% senior notes due 2021, $500 million aggregate principal amount of its 3.900% senior notes due 2028 and $400 million aggregate principal amount of its 4.450% senior notes due 2048.

Barclays, BofA Merrill Lynch, Citigroup, J.P. Morgan, MUFG, BNP PARIBAS, Goldman Sachs & Co. LLC, HSBC and TD Securities acted as Joint Book-Running Managers on the offering.

Zoetis is a global leader in the discovery, development, manufacture and commercialization of animal health medicines and vaccines, with a focus on both livestock and companion animals.

The Davis Polk capital markets team included partner Richard D. Truesdell Jr. (Picture), counsel Jeffrey S. Ramsay and associates Rahim Manji, Grecia Barboza and Jae Maeng. The tax team included partner Rachel D. Kleinberg and associate Karen Li. The environmental team included counsel Betty Moy Huber. The intellectual property and technology team included partner David R. Bauer and associate Yifu Chen.


Involved fees earner: Richard Truesdell Jr. – Davis Polk & Wardwell; Jeffrey Ramsay – Davis Polk & Wardwell; Rahim Manji – Davis Polk & Wardwell; Grecia Barboza – Davis Polk & Wardwell; Jae Maeng – Davis Polk & Wardwell; Rachel Kleinberg – Davis Polk & Wardwell; Karen Li – Davis Polk & Wardwell; Betty Moy Huber – Davis Polk & Wardwell; David Bauer – Davis Polk & Wardwell; Yifu Chen – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: Barclays Bank; BNP Paribas; Bank of America Merrill Lynch; Citigroup Inc.; Goldman, Sachs & Co.; HSBC; JP Morgan; MUFG Bank, Ltd.; TD Securities;



Author: Ambrogio Visconti