We advised TPG on its investment-grade notes offering

Davis Polk advised TPG Operating Group II, L.P., an indirect, wholly owned subsidiary of TPG Inc., in connection with its SEC-registered offering of $500 million of 4.875% senior notes due 2031. TPG intends to use the net proceeds from the offering to repay certain indebtedness outstanding under its senior unsecured revolving credit facility and for general corporate purposes.

TPG is a leading global alternative asset management firm, founded in San Francisco in 1992, with $303 billion of assets under management and investment and operational teams around the world. TPG invests across a broadly diversified set of strategies, including private equity, impact, credit, real estate, and market solutions, and TPG’s unique strategy is driven by collaboration, innovation, and inclusion. TPG teams combine deep product and sector experience with broad capabilities and expertise to develop differentiated insights and add value for TPG fund investors, portfolio companies, management teams, and communities.

The Davis Polk capital markets team included partners Stephen A. Byeff and Derek Dostal and associate David Giordano. The tax team included partners David H. Schnabel and Aliza Slansky and associate Ziyuan (Constance) Zhang. The sponsor finance team included partner Jack Orford and counsel Yuko Sin. All members of the Davis Polk team are based in the New York office.

Copy link to share post