Davis Polk – Covidien plc $1.25 Billion Senior Notes Offering

Davis Polk advised BNP Paribas Securities Corp., Citigroup Global Markets Inc. and Deutsche Bank Securities Inc. as joint book-running managers and representatives of the several underwriters in connection with an SEC-registered offering of $600 million aggregate principal amount of 1.35% senior notes due 2015 and $650 million aggregate principal amount of 3.2% senior notes due 2022, issued by Covidien International Finance S.A. and guaranteed by Covidien plc and Covidien Ltd.

 

Covidien International Finance S.A. is a subsidiary of Covidien plc, a global leader in the development, manufacture and sale of health care products for use in clinical and home settings.

The Davis Polk corporate team included partner Deanna L. Kirkpatrick and associates Marcel Fausten and Ryan C. Patterson. Counsel Betty M. Huber and associate Ona Oshen provided environmental advice. Partner Frank J. Azzopardi and associate Randy Samson provided intellectual property advice. The tax team included partner Michael Mollerus and law clerk Tracy L. Matlock. Joshua Sills was the legal assistant on the transaction. All members of the Davis Polk team are based in the New York office.

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