Davis Polk advised the joint bookrunners in connection with a Rule 144A/Regulation S offering by Yara International ASA of $500 million principal amount of 3.800% notes due 2026.
Headquartered in Oslo, Norway, Yara is a global leader in the production, distribution and sale of nitrogen-based mineral fertilizers and related industrial products. Yara also distributes and sells a wide variety of phosphate- and potash-based mineral fertilizers. Yara has local operations in approximately 60 countries and sells products in more than 150 countries.
The Davis Polk corporate team included partner Reuven B. Young and associates Leo Borchardt and Jason P. Thompson. Partner John D. Paton and associates Nicholas A. Machen and Veronica Orecharova provided tax advice. Counsel Jeanine P. McGuinness provided advice on regulatory matters. The members of the Davis Polk team are based in the London and Washington DC offices.