GE Vernova $2.6 billion debut senior notes offering
We advised the representatives of the underwriters on the offering
Davis Polk advised the representatives of the underwriters in connection with a debut offering by GE Vernova Inc. of $600 million principal amount of its 4.250% senior notes due 2031, $1 billion principal amount of its 4.875% senior notes due 2036 and $1 billion principal amount of its 5.500% senior notes due 2056.
Headquartered in Cambridge, Massachusetts, GE Vernova is a global leader in the electric power industry, with products and services that generate, transfer, orchestrate, convert and store electricity. GE Vernova designs, manufactures, delivers and services technologies to create a more reliable, secure and sustainable electric power system, enabling electrification and decarbonization.
The Davis Polk capital markets team included partner Derek Dostal, counsel Jenna M. Godfrey and associate Sabrina Rodriguez. Counsel Christopher A. Baratta and associate Omar Hersi provided tax advice. Partner David R. Bauer and associates Lachlan J. Forrester and Elizabeth Pott provided intellectual property advice. All members of the Davis Polk team are based in the New York office.