Davis Polk advised Goldman, Sachs & Co., J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated as joint book-running managers and representatives of the several underwriters in connection with an SEC-registered offering by Energizer Holdings, Inc. of $500 million aggregate principal amount of its 4.7% senior notes due 2022. The notes are unconditionally guaranteed by all existing and future subsidiaries of Energizer that are guarantors on the company’s credit agreements or other indebtedness for borrowed money.
Energizer, headquartered in St. Louis, Missouri, is a consumer goods company operating globally in the broad categories of personal care and household products. Energizer’s personal care division offers a diversified range of consumer products in the wet shave, skin care, feminine care and infant care categories. Energizer’s household products division offers consumers the broadest range of portable power solutions, anchored by its universally recognized Energizer® and Eveready® brands.
The Davis Polk capital markets team included partner Alan Dean, associate Derek Dostal, law clerks Lisa Bozman and Marcus Hintze and summer associate Brian Harris. The tax team included partner Samuel Dimon and associate Kerry S. Price. Counsel Loyti Cheng and associate Ona Oshen provided environmental advice. Kristyn M. Dunleavy was the legal assistant on the transaction. All members of the Davis Polk team are based in the New York office.