Genuine Parts Company $750 million senior notes offering

Davis Polk advised the joint book-running managers and representatives of the several underwriters in connection with an SEC-registered offering by Genuine Parts Company of $750 million aggregate principal amount of its 4.950% senior notes due 2029.

Founded in 1928, Genuine Parts Company is a global service organization engaged in the distribution of automotive and industrial replacement parts. The company’s Automotive Parts Group distributes automotive replacement parts in the United States, Canada, Mexico, France, the United Kingdom, Ireland, Germany, Poland, the Netherlands, Belgium, Spain, Portugal, Australia and New Zealand. The company’s Industrial Parts Group distributes industrial replacement parts in the United States, Canada, Mexico, Australia, New Zealand, Indonesia and Singapore. In total, the company serves its global customers from an extensive network of more than 10,700 locations in 17 countries and has approximately 60,000 employees.

The Davis Polk capital markets team included partners Byron B. Rooney and Roshni Banker Cariello and associates Tomer Magid and Walker Halstad. Partner Patrick E. Sigmon and associates Michael Mirabella and Kelsey Nelson provided tax advice. All members of the Davis Polk team are based in the New York office.