Travelers $750 million senior notes offering
The investment-grade notes are due 2053
Davis Polk advised the representatives of the several underwriters in connection with an SEC-registered offering by the Travelers Companies, Inc. of $750 million aggregate principal amount of 5.450% senior notes due 2053.
Travelers is a leading provider of property casualty insurance for auto, home and business. A component of the Dow Jones Industrial Average, Travelers has more than 30,000 employees and generated revenues of approximately $37 billion in 2022.
The Davis Polk corporate team included partner Shane Tintle and associate Livia Maas. The tax team included partner Kara L. Mungovan and associates Dov Sussman and Michael Mirabella. All members of the Davis Polk team are based in the New York office.