Davis Polk advised the joint book-running managers on a Rule 144A/Regulation S offering by Energizer SpinCo, Inc. of $600 million aggregate principal amount of its 5.500% senior notes due 2025. The offering is part of the financing for an anticipated spinoff of the household products business of Energizer Holdings, Inc.  

Energizer, headquartered in St. Louis, Missouri, is one of the world’s largest manufacturers and marketers of batteries and lightening products and offers a broad range of portable power solutions, through its brands including its Energizer and Eveready brands.   

The Davis Polk corporate team included partner Michael Kaplan and associates Yasin Keshvargar, Darren Jackson and Martin Oberst. Partner Lucy W. Farr and associate Isaac MacDonald provided tax advice. Counsel Hayden S. Baker and associate Eugene Baek provided environmental advice. All members of the Davis Polk team are based in the New York office.   

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