ICL $800 million senior notes offering
We advised ICL on its investment-grade debt offering
Davis Polk advised ICL Group Ltd. in connection with its 144A / Regulation S notes offering of $800 million aggregate principal amount of 6.036% senior notes due 2036.
ICL is a global leader in agriculture, food and industrial solutions, utilizing its unique mineral resources and extensive expertise to address key sustainability challenges related to food security and access to essential minerals. ICL is focused on driving long-term growth through its specialty agriculture and food businesses, while strategically managing its bromine, potash and phosphate mineral resources.
The Davis Polk capital markets team included partner Michael Kaplan and associates Lik Hang (Lincoln) Jim, David J. Kilduff and Ryan Grawe. The tax team included counsel Alon Gurfinkel. Counsel Matthew R. Silver and associate Thomas Di Biasio provided 1940 Act advice. Counsel Chaoyuan (Charles) Shi provided ERISA advice. Counsel Mark Chalmers provided U.K. and EU regulatory advice. Members of the Davis Polk team are based in the New York, Washington and London offices.