Davis Polk advised the representatives of the several underwriters in connection with an SEC-registered offering of 5,175,000 depositary shares of Belden Inc. (the “Company”), each representing a 1/100th interest in a share of the Company’s 6.75% Series B mandatory convertible preferred stock. The depositary shares included 675,000 shares purchased pursuant to the exercise of the over-allotment option in full.

 

Belden Inc. produces and sells a comprehensive portfolio of connectivity and networking products into a variety of markets, including industrial, enterprise and broadcast. Belden Inc.’s business is structured around five global business platforms — Broadcast Solutions, Enterprise Connectivity Solutions, Industrial Connectivity Solutions, Industrial IT Solutions and Network Security Solutions.

 

The Davis Polk corporate team included partners Mark M. Mendez and Richard D. Truesdell Jr. and associates Judah Bareli, Robert Stewart, Win Rutherfurd and Hanbing Zhang. The tax team included partner Michael Farber and associates Vinay Prabhakar and K. Daniel Berman. Counsel Loyti Cheng provided environmental advice. All members of the Davis Polk team are based in the New York office.

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