Davis Polk & Wardwell acted as special product counsel for Goldman, Sachs & Co. and J.P. Morgan Securities Inc. as joint book-running managers of a $600 million registered offering by Textron Inc. of its 4.50% convertible senior notes due 2013. In connection with the offering, Textron also entered into convertible note hedge and warrant transactions with Goldman, Sachs & Co. and an affiliate of J.P. Morgan Securities Inc.

Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell Helicopter, Cessna Aircraft Company, Jacobsen, Kautex, Lycoming, E-Z-GO, Greenlee and Textron Systems.

The Davis Polk corporate team included partners Linda A. Simpson and Mark M. Mendez and associates Marcel Fausten and Derek Dostal. The tax team included partner Michael Farber and associates Nancy M. Chen and Adam B. Perry. All members of the Davis Polk team are based in the New York office.