Davis Polk advised IHS Markit Ltd. in connection with its Rule 144A/Regulation S offering of $500 million aggregate principal amount of its 4.75% senior notes due 2025. IHS Markit intends to use the net proceeds from the offering for working capital and other general corporate purposes, which initially included repayment of indebtedness under its revolving credit facility and may in the future include share repurchases pursuant to its previously announced share repurchase authorization.

IHS Markit is a leading globally diversified provider of critical information, analytics and expertise with deep sources of information, analytics and solutions for the world’s major industries, financial markets and governments.

The Davis Polk capital markets team included partners Richard D. Truesdell Jr. and Derek Dostal and associate Eugene Baek. Partner Kathleen L. Ferrell and associate Caroline E. Dayton provided tax advice. Associate Brantley Hawkins provided 1940 Act advice. Partner Simon Witty, European counsel John Taylor and associate Dan Hirschovits provided advice regarding certain United Kingdom-based subsidiaries. Members of the Davis Polk team are based in the New York and London offices.

Copy link to share post