Flex $400 million notes offering
The investment-grade notes are due 2028
Davis Polk advised the joint book-running managers in connection with a $400 million SEC-registered debt offering by Flex Ltd. The offering consisted of $400 million aggregate principal amount of its 6.000% notes due 2028.
Headquartered in Singapore, Flex is a globally recognized provider of sketch-to-scale services – innovative design, engineering, manufacturing and supply chain services and solutions – from conceptual sketch to full-scale production. Flex designs, builds, ships and manages complete packaged consumer and enterprise products, from medical devices and connected automotive systems to sustainable lighting and cloud and data center solutions, for companies of all sizes in various industries and end markets.
The Davis Polk corporate team included partner Alan F. Denenberg and associates Joseph G. Marano and Georgina Green. The tax team included counsel Tracy L. Matlock and associates Kendra Simpson and Betsy Johnson. Associate Joshua Shirley provided intellectual property advice. Associate Alisan Oliver-Li provided ’40 Act advice. Members of the Davis Polk team are based in the Northern California and New York offices.