Bemis Company, Inc. $300 Million Notes Offering
Davis Polk advised the joint bookrunners on an SEC-registered offering by Bemis Company, Inc. of $300 million aggregate principal amount of 3.1% senior notes due 2026.
Bemis is a major supplier of flexible and rigid plastic packaging used by leading food, consumer products, health care and other companies worldwide. Founded in 1858, Bemis reported 2015 net sales from continuing operations of $4.1 billion. Bemis has a strong technical base in polymer chemistry, film extrusion, coating and laminating, printing and converting. Headquartered in Neenah, Wisconsin, Bemis employs approximately 18,000 individuals worldwide.
The Davis Polk corporate team included partners Richard A. Drucker and Byron B. Rooney and associates Cameron C. Lewis and Evan Leitner. Counsel Loyti Cheng and associate Yuko Masunaga provided environmental advice. Partner Po Sit and associate Peter Benesch provided tax advice. All members of the Davis Polk team are based in the New York office.