Davis Polk advised the representatives of the several underwriters in connection with the SEC-registered offering by Air Products and Chemicals, Inc. of $550 million aggregate principal amount of its 1.500% senior notes due 2025, $650 million aggregate principal amount of its 1.850% senior notes due 2027, $900 million aggregate principal amount of its 2.050% senior notes due 2030, $750 million aggregate principal amount of its 2.700% senior notes due 2040 and $950 million aggregate principal amount of its 2.800% senior notes due 2050. Davis Polk also advised the underwriters in a concurrent SEC-registered offering by Air Products Chemicals, Inc. of €500 million aggregate principal amount of its 0.500% senior notes due 2028 and €500 million aggregate principal amount of its 0.800% senior notes due 2032.

Air Products, located in Allentown, Pennsylvania, is an industrial gases company with operations in over 50 countries. Air Products provides atmospheric, process and specialty gases and related equipment to manufacturing markets, including metals, food and beverage, refining and petrochemical, and natural gas liquefaction.

The Davis Polk corporate team included partner John G. Crowley and associates Jolie Yang and Yushen Liu. Partner Lucy W. Farr provided tax advice. Associate Michael Comstock provided environmental advice. All members of the Davis Polk team are based in the New York office.

Copy link to share post