The investment-grade notes are due 2035

Davis Polk advised the representatives of the initial purchasers in connection with a Rule 144A / Regulation S offering by Rollins, Inc. of $500 million aggregate principal amount of 5.25% senior notes due 2035. The notes are guaranteed by certain subsidiaries of Rollins and are subject to a registration rights agreement. Rollins intends to use the net proceeds from the offering to repay borrowings under its senior credit facility and for general corporate purposes.

Rollins is an international services company headquartered in Atlanta, Georgia. Through its family of leading brands, Rollins provides essential pest and wildlife control services and protection against termite damage, rodents and insects to more than two million residential and commercial customers. It has more than 800 company-owned and franchised locations in approximately 70 countries.

The Davis Polk capital markets team included partner Byron B. Rooney, counsel Joseph S. Payne and associate Kimberly Hickey. The tax team included partner Patrick E. Sigmon and associate Caleb E. Smith. The intellectual property team included partner Pritesh P. Shah and associate Jordan Khorshad. The environmental team included counsel David A. Zilberberg and associate Timothy J. Sullivan. All members of the Davis Polk team are based in the New York office.

 

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