The investment-grade notes are due 2030

Davis Polk advised the representatives of the several underwriters, in connection with Synchrony Financial’s SEC-registered offering of $750 million aggregate principal amount of 5.935% fixed-rate / floating-rate senior notes due 2030.

Based in Stamford, Connecticut, Synchrony Financial is a premier consumer financial services company delivering one of the industry’s most complete, digitally enabled product suites, with experience, expertise and scale across a broad spectrum of industries, including digital, health and wellness, retail, telecommunications, home, auto, outdoor, pet and more.

The Davis Polk capital markets team included partner John B. Meade and associates Steven Glendon, Robert MacKenzie and Walker Halstad. Partner Margaret E. Tahyar and associates Lucas Siegmund and Patrick Q. Sullivan provided regulatory advice. Partners Mario J. Verdolini and Kara L. Mungovan and associate Isaiah B. Kramer provided tax advice. Members of the Davis Polk team are based in the New York and Washington DC offices.