Davis Polk advised J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated as joint book-running managers and representatives of the underwriters on an SEC-registered add-on offering by Wyndham Worldwide Corporation of $150 million aggregate principal amount of its 4.25% senior unsecured notes due 2022. This was a reopening of an offering of $500 million of such notes issued on March 7, 2012. Davis Polk also advised the joint book-running managers and representatives of the underwriters on the initial offering of such notes.
Headquartered in Parsippany, New Jersey, Wyndham Worldwide Corporation offers individual consumers and business-to-business customers a broad suite of hospitality products and services across various accommodation alternatives and price ranges through its premier portfolio of world-renowned brands.
The Davis Polk corporate team included partner Richard A. Drucker and associates Daying Zhang and Kyle D. Bady (not yet admitted). The tax team included partner Harry Ballan and associates Changsheng (Eric) Song and Nessia Kushner (not yet admitted). Joshua Sills was the legal assistant on the transaction. All members of the Davis Polk team are based in the New York office.
