We are advising the arrangers and the agent on the financing

Davis Polk is advising the joint lead arrangers, joint bookrunners and administrative agent in connection with a $5.2 billion bridge loan facility to be provided to the J. M. Smucker Company in connection with its proposed acquisition of Hostess Brands.

The J. M. Smucker Company is a leading consumer packaged goods company with a diverse product portfolio that includes brands such as Folgers, Café Bustelo, Jif, Smucker’s Uncrustables, Meow Mix and Milk-Bone. 

Hostess Brands is a leading sweet snacks company focused on developing, manufacturing, marketing, selling and distributing snacks in North America primarily under the Hostess and Voortman brands.

The Davis Polk finance team includes partner Jason Kyrwood, counsel Darren Mahone and associate Jaynie Doe. The capital markets team includes partner Derek Dostal and associates Robert Mackenzie and Xuanling Xu. All members of the Davis Polk team are based in the New York office.