The investment-grade notes are due 2028 and 2035

Davis Polk advised the joint book-running managers in connection with an SEC-registered offering by Zoetis Inc. of $850 million aggregate principal amount of its 4.150% senior notes due 2028 and $1 billion aggregate principal amount of its 5.000% senior notes due 2035.

Zoetis is a global leader in the animal health industry, focused on the discovery, development, manufacture and commercialization of medicines, vaccines, diagnostic products and services, biodevices, genetic tests and precision animal health technology.

The Davis Polk capital markets team included partner Richard D. Truesdell Jr. and associates Lik Hang (Lincoln) Jim and Sijia (Scarlett) Huang. The tax team included counsel Yixuan Long and associate Fred Fu. The environmental team included counsel Michael Comstock and associate Timothy J. Sullivan. The intellectual property team included partner David R. Bauer and associates Gabrielle Mazero and Bari Britvan.