The investment-grade notes are due 2032

Davis Polk advised the several underwriters in connection with an SEC-registered offering by PPG Industries, Inc. of €900 million aggregate principal amount of 3.250% notes due 2032.

Founded in 1883 with headquarters in Pittsburgh, PPG operates in more than 70 countries and reported net sales of $15.8 billion in 2024. PPG supplies paints, coatings and specialty materials to customers in construction, consumer products, industrial and transportation markets and aftermarkets.

The Davis Polk capital markets team included partners Pedro J. Bermeo and Byron B. Rooney and counsel Jennifer (Ying) Lan. The environmental team included counsel Loyti Cheng and associate Timothy J. Sullivan. Partner Dominic Foulkes, counsel Yixuan Long and associates Patrick O’Donovan, Benjamin Silver and Fred Fu provided tax advice. Members of the Davis Polk team are based in the New York and London offices.

 

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