Accenture $5 billion debut senior notes offering
The investment-grade notes are due 2027, 2029, 2031, and 2034
Davis Polk advised the joint book-running managers and representatives of the several underwriters in connection with the SEC-registered public offering by Accenture plc of $5.0 billion aggregate principal amount of notes consisting of: $1.1 billion aggregate principal amount of its 3.900% senior notes due 2027, $1.2 billion aggregate principal amount of its 4.050% senior notes due 2029, $1.2 billion aggregate principal amount of its 4.250% senior notes due 2031 and $1.5 billion aggregate principal amount of its 4.500% senior notes due 2034. The notes were issued by Accenture Capital Inc., a wholly owned subsidiary of Accenture plc, and are fully and unconditionally guaranteed on an unsecured basis by Accenture plc.
Accenture plc is a leading global professional services company that helps the world’s leading organizations build their digital core, optimize their operations, accelerate revenue growth and enhance services—creating tangible value at speed and scale. Accenture has more than 774,000 employees and serves clients in more than 120 countries.
The Davis Polk corporate team included partners Alan F. Denenberg and associates Julia Molo, Savannah J. Dowling, and Brendon S. Brown. The tax team included counsel Alon Gurfinkel and associates Kelli A. Rivers and Valentin Van de Walle. Partner Matthew J. Bacal and associates Shreya R. Kundur and Austin Fuss provided intellectual property advice. Members of the Davis Polk team are based in the Northern California, London, and New York offices.