Davis Polk advised Goldman, Sachs & Co., J.P. Morgan Securities plc, Société Générale, Barclays Bank PLC, Commerzbank AG, Banca IMI S.p.A. and Danske Bank A/S as joint book-running managers in connection with an SEC-registered offering of €500 million of 1.75% notes due 2022 and €500 million of 3.00% notes due 2034 by Illinois Tool Works Inc.
Illinois Tool Works, located in Glenview, Illinois, is a global manufacturer of a diversified range of industrial products and equipment with operations in 56 countries. Illinois Tool Works’ operations are aggregated into seven external reportable segments: Automotive OEM; Test & Measurement and Electronics; Food Equipment; Polymers & Fluids; Welding; Construction Products; and Specialty Products.
The Davis Polk corporate team included partner Richard A. Drucker, associate Peter E. Devlin, Anne Cathrine Ingerslev (admitted to practice in Denmark) and law clerk Donald Shum. The tax team included partner Samuel Dimon and law clerk Brian Harris. Members of the Davis Polk team are based in the New York and London offices.
