The investment-grade notes are due 2031 and 2037

Davis Polk advised the underwriters in connection with the SEC-registered bond offering by Air Products and Chemicals, Inc. of €500 million aggregate principal amount of its 2.950% notes due 2031 and €500 million aggregate principal amount of its 3.450% notes due 2037.

Air Products is a world-leading industrial gases company in operation for over 80 years and focused on serving energy, environmental and emerging markets. Air Products’ base business provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries. Air Products also develops, engineers, builds, owns and operates some of the world’s largest clean hydrogen projects supporting the transition to low- and zero-carbon energy in the heavy-duty transportation and industrial sectors.

The Davis Polk capital markets team included partner Roshni Banker Cariello, counsel Jennifer (Ying) Lan and associates Frank (Xinggang) Zhang and Syma Birenbaum. Partner Corey M. Goodman and associate Jenna Battaglia provided tax advice. Counsel Michael Comstock provided environmental advice. All members of the Davis Polk team are based in the New York office.