Davis Polk advised J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. LLC and RBC Capital Markets, LLC as joint book-running managers and representatives of the several underwriters in connection with an SEC-registered offering of $1 billion aggregate principal amount of 4.5% senior notes due 2022 by Tyson Foods, Inc.
Davis Polk also advised Barclays Capital Inc., J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. LLC and RBC Capital Markets, LLC as dealer-managers for a concurrent cash tender offer by Tyson Foods, Inc. to purchase any and all of its outstanding 10.5% senior notes due 2014.
Together with its subsidiaries, Arkansas-based Tyson Foods, Inc. is one of the world’s largest meat protein companies and the second-largest food production company in the Fortune 500.
The Davis Polk corporate team included partner Richard D. Truesdell Jr. and associates Sarah Whittington and Vanessa K. Rakel. Counsel Loyti Cheng and associate Kevin J. Klesh provided environmental advice. Partner Samuel Dimon and associate Avinash Venkatesh provided tax advice. Katina D. Gallo was the legal assistant on the transaction. All members of the Davis Polk team are based in the New York office.
