We advised the underwriters on the debt offering

Davis Polk advised the underwriters, in connection with an SEC-registered debt offering by GXO Logistics Capital B.V., a wholly owned subsidiary of GXO Logistics, Inc., of €500 million aggregate principal amount of 3.750% notes due 2030. The notes are guaranteed on an unsecured senior basis by GXO Logistics, Inc.

GXO, based in Greenwich, Connecticut, is the world’s largest pure-play contract logistics provider and is positioned to capitalize on the rapid growth of e-commerce, automation and outsourcing. GXO serves the world’s leading blue-chip companies to solve complex logistics challenges with technologically advanced supply chain and e-commerce solutions, at scale and with speed. GXO has more than 150,000 team members across more than 1,000 facilities totaling more than 200 million square feet.

The Davis Polk capital markets team included partner Yasin Keshvargar, counsel Michael Stromquist and associate Elli Park. The tax team included counsel Tracy L. Matlock and associate Omar Hersi. All members of the Davis Polk team are based in the New York office.

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