Davis Polk advised the joint book-running managers in connection with an SEC-registered offering of €350 million of 0.375% notes due 2021 by Air Products and Chemicals, Inc. (“Air Products”).

Air Products, located in Allentown, Pennsylvania, is an industrial gases company with operations in over 50 countries. Air Products provides atmospheric, process and specialty gases and related equipment to manufacturing markets, including metals, food and beverage, refining and petrochemical, and natural gas liquefaction.

The Davis Polk corporate team included partners Richard A. Drucker and John G. Crowley and associate Donald Shum. Partner Michael Farber and associate Caitlin Piper provided tax advice. All members of the Davis Polk team are based in the New York office.