Home Depot $4 billion notes offering
Davis Polk advised the representatives of the several underwriters in connection with an SEC-registered offering of $500 million aggregate principal amount of 2.700% notes due 2025, $750 million aggregate principal amount of 2.875% notes due 2027, $1.25 billion aggregate principal amount of 3.250% notes due 2032 and $1.5 billion aggregate principal amount of 3.625% notes due 2052 by The Home Depot, Inc.
The Home Depot is the world's largest home improvement retailer, with 2,317 stores located throughout the United States (including the Commonwealth of Puerto Rico and the territories of the U.S. Virgin Islands and Guam), Canada and Mexico.
The Davis Polk corporate team included partner Pedro J. Bermeo and associate Stephen H. Karp. Partner Mario J. Verdolini and associate Dov Sussman provided tax advice. Counsel Loyti Cheng provided environmental advice. All members of the Davis Polk team are based in the New York office.