Tyson Foods $1.5 billion senior notes offerings
We advised Tyson Foods on its investment-grade notes offering
Davis Polk advised Tyson Foods, Inc. in connection with its SEC-registered offerings of $1.5 billion aggregate principal amount of senior notes in two series, consisting of $600 million aggregate principal amount of 5.400% senior notes due 2029 and $900 million aggregate principal amount of 5.700% senior notes due 2034.
Tyson Foods, Inc. is one of the world’s largest food companies and a recognized leader in protein. Founded in 1935 by John W. Tyson and grown under four generations of family leadership, the company has a broad portfolio of products and brands like Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Wright, Aidells, ibp and State Fair.
The Davis Polk capital markets team included partners Derek Dostal and Richard D. Truesdell Jr. and associate Soo Kyung Chae. The tax team included partner Corey M. Goodman and associate Albert Park. Counsel Matthew R. Silver provided Investment Company Act of 1940 advice. All members of the Davis Polk team are based in the New York office.