Davis Polk advised the joint book-running managers on an SEC-registered offering of $400 million aggregate principal amount of 4.20% senior notes due 2047.

Headquartered in Lake Forest, Illinois, W.W. Grainger is North America’s broad line supplier of maintenance, repair and operating supplies and other related products and services used by businesses and institutions. W.W. Grainger also has operations in Europe, Asia and Latin America.

The Davis Polk corporate team included partner Richard D. Truesdell Jr. and associates Kate Darracott and Win Rutherfurd. Partner Po Sit and associates Aliza Slansky and Caroline E. Dayton provided tax advice. Counsel Betty Moy Huber and associate Michael Comstock provided environmental advice. All members of the Davis Polk team are based in the New York office.