IDEX $500 million notes offering
The investment-grade senior notes are due 2029
Davis Polk advised the joint book-running managers and representatives of the several underwriters in connection with an SEC-registered offering by IDEX Corporation of $500 million principal amount of 4.950% senior notes due 2029.
Founded in 1988 with three small, entrepreneurial manufacturing companies, IDEX now includes more than 50 diverse businesses around the world. With about 8,800 employees and manufacturing operations in more than 20 countries, IDEX is a diversified, high-performing, global company with approximately $3.3 billion in annual sales. IDEX shares are traded on the New York Stock Exchange under the symbol “IEX.”
The Davis Polk capital markets team included partner Richard D. Truesdell Jr., counsel Jennifer Ying Lan and associates Lincoln Jim and Cheridan Christnacht. The tax team included counsel Liang Zhang and associate Omar Hersi. Counsel Loyti Cheng and associate Shefain Islam provided environmental advice. All members of the Davis Polk team are based in the New York office.