W.W. Grainger $500 million notes offering
The investment-grade notes are due 2034
Davis Polk advised the joint representatives of the underwriters on an SEC-registered offering by W.W. Grainger, Inc. of $500 million aggregate principal amount of 4.450% senior notes due 2034.
Headquartered in Lake Forest, Illinois, W.W. Grainger is a leading broad line distributor with operations primarily in North America, Japan and the United Kingdom.
The Davis Polk corporate team included partner Richard D. Truesdell Jr., counsel Jeffrey S. Ramsay and associate Katie Warshauer. Partner Kara L. Mungovan and associates Omar Hersi and Michael Hsieh provided tax advice. Counsel Michael Comstock provided environmental advice. Partner Pritesh P. Shah and associates Jordan Khorshad and Jay Krishnan provided intellectual property advice. All members of the Davis Polk team are based in the New York office.