Synchrony Financial $750 million senior notes offering
We advised the representatives of the underwriters on the offering
Davis Polk advised the representatives of the several underwriters in connection with Synchrony Financial’s SEC-registered offering of $750 million aggregate principal amount of 4.947% fixed-to-floating-rate senior notes due 2032.
Based in Stamford, Connecticut, Synchrony Financial is a premier consumer financial services company delivering one of the industry’s most complete digitally enabled product suites. It has experience, expertise and scale across a broad spectrum of industries, including digital, health and wellness, retail, telecommunications, home, auto, outdoor and pet.
The Davis Polk capital markets team included partner John B. Meade and associates Cheridan Christnacht and Jared A. Bivens. Partner Margaret E. Tahyar, counsel Suiwen Liang and associate Patrick Q. Sullivan provided regulatory advice. Partner Patrick E. Sigmon, counsel Dustin Plotnick and associate Michael Hsieh provided tax advice. Members of the Davis Polk team are based in the New York and Washington DC offices.