General Mills $500 million notes offering
Davis Polk advised the representatives of the several underwriters in connection with an SEC-registered offering by General Mills, Inc., consisting of $500 million of its 5.241% notes due 2025.
Headquartered in Minneapolis, Minnesota, General Mills is a leading global manufacturer and marketer of branded consumer foods with more than 100 brands in 100 countries across six continents. General Mills generated fiscal 2022 net sales of $19 billion. In addition, the company’s share of non-consolidated joint venture net sales totaled $1.1 billion. Its portfolio of beloved brands includes household names such as Cheerios, Nature Valley, Blue Buffalo, Häagen-Dazs, Old El Paso, Pillsbury, Betty Crocker, Yoplait, Annie’s, Wanchai Ferry, Yoki and more.
The Davis Polk capital markets team included partner John B. Meade, counsel Jennifer Ying Lan and associate Juan Diego Tibaduiza. The tax team included partner Mario J. Verdolini and associate Justin Corvino. All members of the Davis Polk team are based in the New York office.