Davis Polk & Wardwell LLP advises issuers and underwriters on a broad spectrum of debt, equity, and structured product transactions globally. Over the past year, the firm has handled debt deals exceeding $100 billion in aggregate for European issuers alone. Practice head Reuven Young brings deep experience in public and private cross-border investment-grade debt and equity offerings for international companies across diverse industries. Leo Borchardt represents major corporations, boards of directors, special committees, and investment banks in a wide range of high-profile capital markets and strategic corporate transactions; while Connie Milonakis focuses on multi-jurisdictional debt and equity offerings, with significant experience spanning the EMEA and North American markets.
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Key clients
- <p>Roche Holdings</p>
- <p>Bank of America</p>
- <p>NatWest Bank</p>
- <p>JP Morgan</p>
- <p>Citigroup</p>
- <p>Royalty Pharma</p>
- <p>ING Groep</p>
- <p>Mizuho</p>
Work highlights
Advised HSBC Securities (USA) Inc., J.P. Morgan Securities LLC, Santander US Capital Markets LLC, TD Securities (USA) LLC and Wells Fargo Securities, LLC as joint bookrunners on an SEC-registered offering by CRH SMW Finance Designated Activity Company of $750 million aggregate principal amount of 5.200% guaranteed notes due 2029 and by CRH America Finance, Inc. of $750 million aggregate principal amount of 5.400% guaranteed notes due 2034.
Advised Roche Holdings, Inc. in connection with its Rule 144A / Regulation S offering of $875 million aggregate principal amount of 4.790% notes due 2029, $750 million aggregate principal amount of 4.909% notes due 2031, $1.25 billion aggregate principal amount of 4.985% notes due 2034 and $1 billion aggregate principal amount of 5.218% notes due 2054, guaranteed by Roche Holding Ltd.
Advised BNP Paribas Securities Corp., Citigroup Global Markets Inc., Mizuho Securities USA LLC and Morgan Stanley & Co. LLC, as joint book running managers, and HSBC Securities (USA) Inc., ICBC Standard Bank Plc, ING Financial Markets LLC, NatWest Markets Securities Inc., Santander US Capital Markets LLC and SG Americas Securities, LLC, as co-managers, in connection with an SEC-registered offering of $750 million aggregate principal amount of 5.418% notes due 2034 by National Grid plc.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
Reuven Young
Other key lawyers
Leo Borchardt; Connie Milonakis