We advised Ferguson on its Rule 144A / Regulation S notes offering

Davis Polk advised Ferguson plc in connection with a Rule 144A / Regulation S offering of $1 billion aggregate principal amount of 4.250% notes due 2027 and 4.650% notes due 2032 by Ferguson Finance plc. The notes are guaranteed by Ferguson plc and another of its subsidiaries. 

Ferguson plc is a leading North American value-added distributor providing expertise, solutions, and products from infrastructure, plumbing and appliances to HVAC, fire, fabrication and more. Ferguson makes its customers’ complex projects simple, successful and sustainable.

The Davis Polk corporate team included partner Reuven B. Young and associates Christopher Diel and Despoina Arslanidi. The English law team included European counsel John Taylor and associate Vivek Thanki. The tax team included partner Jonathan Cooklin, counsel Alon Gurfinkel and Dominic Foulkes and associate Kelli A. Rivers. All members of the Davis Polk team are based in the London office.