Davis Polk advised the initial purchasers on a Rule 144A/Regulation S offering by Bacardi Limited of $500 million principal amount of 2.750% notes due 2026 guaranteed by Bacardi-Martini B.V., Bacardi Corporation and Bacardi U.S.A., Inc.

Bacardi Limited is the largest privately-held spirits company in the world and is ranked number four among spirits companies globally based on sales volume. Headquartered in Bermuda, Bacardi produces, markets and distributes a variety of internationally recognized spirits. Its brand portfolio includes premium and super-premium brands and labels, including Bacardi rum, Martini vermouth and sparkling wines, Grey Goose vodka, Dewar’s Scotch whisky, Bombay gin, William Lawson’s Scotch whisky, Eristoff vodka, Cazadores tequila, Angel’s Envy American straight whiskey, Leblon cachaça and other spirits brands, as well as low-proof products.

The Davis Polk corporate team included partner Paul E. Kumleben and associate Michael D. Arena. Partner John D. Paton and associate Nicholas A. Machen provided tax advice. All members of the Davis Polk team are based in the London offices.

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