Motorola Solutions $1.3 billion notes offering
The investment-grade notes are due 2029 and 2034
Davis Polk advised the representatives of the several underwriters in connection with an SEC-registered offering of $400 million aggregate principal amount of 5.000% senior notes due 2029 and $900 million aggregate principal amount of 5.400% senior notes due 2034 by Motorola Solutions, Inc.
Based in Chicago, Illinois, Motorola Solutions is a global leader in public safety and enterprise security, grounded in nearly 100 years of close customer and community collaboration. The company designs and advances technology for more than 100,000 public safety and enterprise customers in over 100 countries. It is building an ecosystem of safety and security technologies that helps protect people, property and places, which include land mobile radio communications, video security and access control, and command center. Across all three technologies, the company offers cloud-based and hybrid solutions, cybersecurity services, software and subscriptions services as well as managed and support services.
The Davis Polk capital markets team included partner Byron B. Rooney and associate Javier Félix. Counsel Tracy L. Matlock and associate Betsy Johnson provided tax advice. Counsel Loyti Cheng and associate Timothy J. Sullivan provided environmental advice. All members of the Davis Polk team are based in the New York office.