W.W. Grainger $500 million notes offering
Davis Polk advised the underwriters on an SEC-registered offering by W.W. Grainger of $500 million aggregate principal amount of 1.85% senior notes due 2025.
Headquartered in Lake Forest, Illinois, W.W. Grainger is North America’s broad line supplier of maintenance, repair and operating supplies and other related products and services used by businesses and institutions. W.W. Grainger also has operations in Europe, Asia and Latin America.
The Davis Polk corporate team included partner Richard D. Truesdell Jr. and associates Rahul K. Patel and Stephen H. Karp. Partner Rachel D. Kleinberg and associate Tomislava Dragicevic provided tax advice. Associate Michael Comstock provided environmental advice. Members of the Davis Polk team are based in the New York and Northern California offices.