Davis Polk advised Goldman, Sachs & Co. and Morgan Stanley & Co. LLC as joint book-running managers on an SEC-registered offering by Devon Energy Corporation of $750 million principal amount of 1.875% senior notes due 2017, $1 billion principal amount of 3.25% senior notes due 2022 and $750 million principal amount of 4.75% senior notes due 2042.
Headquartered in Oklahoma City, Oklahoma, Devon Energy is an independent energy company engaged primarily in the exploration, development and production of natural gas and oil.
The Davis Polk corporate team included partner Richard A. Drucker, associate Phoebe Nel and law clerk Dain Nevonen. Partner Lucy W. Farr and associate Juelle Gomes provided tax advice. 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.
