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 offering by Hormel Foods Corporation of $250 million principal amount of its 4.125% notes due 2021.

Headquartered in Austin, Minnesota, Hormel is a multinational manufacturer and marketer of consumer-branded food and meat products.

The Davis Polk corporate team included partner Richard A. Drucker and associates Eilleen J. Park, Adam J. Gelardi and Ashley Gorski (not yet admitted). Partner Michael Farber and associate Catherine P. Tennant provided tax advice. The environmental team included counsel Loyti Cheng and associates Hayden S. Baker and Connor Kuratek (not yet admitted). Natalie Chan was the legal assistant for the transaction. All members of the Davis Polk team are based in the New York office.