Fluor $115 million tender offer
The company purchased certain debt securities
Davis Polk advised the dealer managers in connection with a cash tender offer by Fluor Corporation to purchase any and all of its outstanding 3.500% senior notes due 2024.
Fluor Corporation is a large global professional services firm providing engineering, procurement, construction, fabrication and modularization and project management services. It serves clients in a diverse set of industries worldwide including advanced technologies and manufacturing, chemicals, infrastructure, life sciences, LNG, mining and metals, nuclear project services, oil and gas production and fuels. Fluor is also a service provider to the U.S. federal government and governments abroad.
The Davis Polk capital markets team included partner Maurice Blanco and associates Javier Félix and Michael Schuster. Partner Michael Farber and associate William Liang provided tax advice. All members of the Davis Polk team are based in the New York office.