Davis Polk advised Citigroup Global Markets Inc., HSBC Securities (USA) Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated as joint book-running managers on the registered offering of $600 million aggregate principal amount of 2.45% notes due 2022 by Praxair, Inc.

Praxair is the largest industrial gas company in North and South America and one of the largest worldwide. The company produces, sells and distributes atmospheric and process gases and high-performance surface coatings used in a wide variety of industries, including aerospace, chemicals, electronics, food and beverage, energy, health care, manufacturing, metals and others. 

The Davis Polk team included partner Sarah E. Beshar, associates Scott Lunin and Kyle D. Bady (not yet admitted). Partner Samuel Dimon and associate Patrick E. Sigmon provided tax advice. Counsel Loyti Cheng and associate Kevin J. Klesh provided environmental advice. Associate Jeanine P. McGuinness provided advice on certain regulatory matters. Kristyn M. Dunleavy was the legal assistant on this transaction. Members of the Davis Polk team are based in the New York and Washington DC offices.