The 6.1% notes are due 2033

Davis Polk advised the representatives of the several underwriters in connection with an SEC-registered offering by Trimble Inc. of $800 million aggregate principal amount of its 6.100% senior notes due 2033. Trimble intends to use a portion of the net proceeds of the offering to partially fund its pending acquisition of Transporeon.

Trimble is an industrial technology solutions provider that enables office and mobile professionals to connect their workflows and asset lifecycles to drive a more productive, sustainable future. Core technologies in positioning, modeling, connectivity and data analytics connect the digital and physical worlds to improve productivity, quality, safety, transparency and sustainability. From purpose-built products to enterprise lifecycle solutions, Trimble is transforming industries such as agriculture, construction, geospatial and transportation.

The Davis Polk capital markets team included partner Dan Gibbons and associate Jonathan I. Stempel. The tax team included partner Patrick E. Sigmon and associates Benjamin Helfgott, Justin Corvino and Ya Sheng Lin. Counsel David A. Zilberberg and associate Timothy J. Sullivan provided environmental advice. Partner David R. Bauer and associate Shreya R. Kundur provided intellectual property advice. Members of the Davis Polk team are based in the New York and London offices.

Copy link to share post