We advised ADP on the offering

Davis Polk advised Automatic Data Processing, Inc. (ADP) in connection with its SEC-registered offering of $1 billion aggregate principal amount of 5.000% senior notes due 2036. ADP intends to use the net proceeds of the offering for general corporate purposes, including share repurchases.

ADP has been shaping the world of work with innovation and expertise for more than 75 years. As a global leader in HR and payroll solutions, ADP uses its unmatched AI-driven insights and proven expertise to design innovative solutions that help people achieve greater success at work. ADP serves over 1.1 million clients and pays approximately 42 million workers in over 140 countries and territories.

The Davis Polk corporate team included partner Richard D. Truesdell, Jr. and associates Dylan H. Lojac and Jean (Jean Young) Koo. Partner Kara L. Mungovan, counsel Dustin Plotnick and associates Bryce Maxey and Afrika Nora Owes provided tax advice. Counsel Matthew R. Silver and associate Thomas Di Biasio provided Investment Company Act advice. Counsel Chaoyuan (Charles) Shi provided ERISA advice. Members of the Davis Polk team are based in the New York and Washington DC offices.

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