J. M. Smucker $800 million notes offering
We advised the underwriters on the investment-grade debt offering
Davis Polk advised several underwriters in connection with an SEC-registered offering of $500 million aggregate principal amount of 2.125% notes due 2032 and $300 million aggregate principal amount of 2.750% notes due 2041 by The J. M. Smucker Company.
The J. M. Smucker Company has a diverse product portfolio that appeals to each generation of people and pets and is found in nearly 90% of U.S. homes and countless restaurants. This includes a mix of iconic brands consumers have always loved such as Folgers, Jif and Milk-Bone and new favorites like Café Bustelo, Smucker’s Uncrustables and Rachael Ray Nutrish.
The Davis Polk capital markets team included partner Derek Dostal and associates Ida Araya-Brumskine and Christopher Piazza. Partner Lucy W. Farr and associate Justin Corvino provided tax advice. Counsel Michael Comstock provided environmental advice. All members of the Davis Polk team are based in the New York office.