Caterpillar $500 million notes offering
Davis Polk advised the joint book-running managers and representatives of the underwriters on an SEC-registered offering by Caterpillar Inc. of $500 million principal amount of 1.900% senior notes due 2031.
Headquartered in Deerfield, Illinois, Caterpillar Inc. is the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives.
The Davis Polk capital markets team included partner Byron B. Rooney, counsel Jennifer Ying Lan and associate Samuel Kwak. The tax team included partner Mario J. Verdolini and associate Tomislava Dragicevic. Counsel Loyti Cheng and associate Michael Comstock provided environmental advice. All members of the Davis Polk team are based in the New York office.