Textron $350 million notes offering
The investment-grade notes are due 2033
Davis Polk advised the representatives of the several underwriters in connection with an SEC-registered offering by Textron Inc. of $350 million aggregate principal amount of its 6.100% notes due 2033.
Headquartered in Providence, Rhode Island, Textron is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative products and services around the world. Textron conducts its business through six operating segments: Textron Aviation, Bell, Textron Systems, Industrial and Textron eAviation, which represent its manufacturing businesses, and Finance, which represents its captive finance business.
The Davis Polk corporate team included partner Derek Dostal and associate Michael Schuster. Partner Corey M. Goodman and associate Alanna Phillips provided tax advice. The environmental team included counsel Michael Comstock. All members of the Davis Polk team are based in the New York office.