Davis Polk advised Automatic Data Processing, Inc. (“ADP”) in connection with its debut SEC-registered offering of $2 billion aggregate principal amount of senior notes. The offering consisted of two tranches of senior notes, including $1 billion of 2.250% senior notes due 2020 and $1 billion of 3.375% senior notes due 2025. 

ADP is one of the world’s leading providers of human capital management solutions to employers, offering solutions to businesses of all sizes, whether they have simple or complex business needs. ADP serves more than 630,000 clients in more than 100 countries.

The Davis Polk corporate team included partner Richard D. Truesdell Jr., counsel Alain Kuyumjian and associates Pedro J. Bermeo, Christopher M. Bezeg and Jennifer Ying Lan. Partner Po Sit, counsel Gregory T. Hannibal and associate Koonho Cho provided tax advice. Partner Gregory S. Rowland and counsel Sarah E. Kim provided Investment Company Act advice. Counsel Jeanine P. McGuinness provided regulatory advice. Members of the Davis Polk team are based in the New York and Washington DC offices.  

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