Praxair, Inc. $750 Million Notes Offering
Davis Polk advised the underwriters on the registered offering of $300 million aggregate principal amount of 2.250% notes due 2020 and $450 million aggregate principal amount of 3.200% notes due 2026 by Praxair, Inc.
Praxair is the largest industrial gas company in North and South America and one of the largest worldwide. The company produces, sells and distributes atmospheric and process gases and high-performance surface coatings used in a wide variety of industries, including aerospace, chemicals, electronics, food and beverage, energy, health care, manufacturing, metals and others.
The Davis Polk corporate team included partner Sarah E. Beshar and associates Courtney Collins and Nancy Lee. Partner Michael Farber and associates Sam R. Van Peperstraete and Aliza Slansky provided tax advice. Counsel Loyti Cheng and associate Michael Comstock provided environmental advice. All members of the Davis Polk team are based in the New York office.