Davis Polk Advises IHS Markit Ltd. on Its $350 Million Senior Notes Reopening
8/23/2019

Davis Polk advised IHS Markit Ltd. in connection with its SEC-registered offering of an additional $350 million aggregate principal amount of its 4.250% senior notes due 2029. The additional notes will form a single series with the $600 million aggregate principal amount of 4.250% senior notes due 2029 that IHS Markit issued on April 8, 2019. The net proceeds from the offering were approximately $380.2 million, which IHS Markit intends to use to repay amounts outstanding under its multi-year revolving credit facility.

IHS Markit is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide.

The Davis Polk capital markets team included partners Richard D. Truesdell Jr. and Derek Dostal and associates Roohi Gupte, Gil Savir and Max J. Linder. Partner Patrick E. Sigmon and associate Jonathan Saltz provided tax advice. Partner Jonathan Cooklin and associate Rosie Upstill provided U.K. tax advice. Members of the Davis Polk team are based in the New York and London offices.