Huntington Ingalls Industries, Inc. $1.0 Billion Senior Notes Offering

Davis Polk advised the representatives of the several initial purchasers, in a Rule 144A/Regulation S offering by Huntington Ingalls Industries, Inc. of $500 million aggregate principal amount of its 3.844% senior notes due 2025 and $500 million aggregate principal amount of its 4.200% senior notes due 2030. The notes are guaranteed by certain subsidiaries of Huntington Ingalls Industries.

Huntington Ingalls Industries is America’s largest military shipbuilding company and a provider of professional services to partners in government and industry.

The Davis Polk capital markets team included partner Michael Kaplan, counsel Jeffrey S. Ramsay and associates Charles York and Yuchen Han. The tax team included partner William A. Curran and associate Elina Khodorkovsky. The environmental team included counsel David A. Zilberberg and associate Cristina Harshman. All members of the Davis Polk team are based in the New York office.