Davis Polk advised the underwriters on the registered offering of $700 million aggregate principal amount of 1.100% notes due 2030 and $300 million aggregate principal amount of 2.000% notes due 2050 by Praxair, Inc., a wholly owned subsidiary of Linde plc.

Linde is the largest industrial gas company worldwide and is a major technological innovator in the industrial gases industry. Its primary products in its industrial gases business are atmospheric gases (oxygen, nitrogen, argon and rare gases) and process gases (carbon dioxide, helium, hydrogen, electronic gases, specialty gases and acetylene). The company also designs and builds equipment that produces industrial gases primarily for internal use and offers customers a wide range of gas production and processing services such as olefin plants, natural gas plants, air separation plants, hydrogen and synthesis gas plants and other types of plants.

The Davis Polk corporate team included partners Byron B. Rooney and Leo Borchardt and associate Ryan Lewis. Counsel Ethan R. Goldman and associate M. Jared Sanders provided tax advice. Counsel Loyti Cheng and associate Michael Comstock provided environmental advice. The intellectual property and technology transactions team included counsel Daniel F. Forester and associate Daniel P. Kearney. Members of the Davis Polk team are based in the New York and London offices.