Davis Polk advised Merrill Lynch, Pierce, Fenner & Smith Incorporated, Morgan Stanley & Co. LLC, UBS Securities LLC and Wells Fargo Securities, LLC as joint book-running managers and representatives of the underwriters on an SEC-registered offering by Stanley Black & Decker, Inc. of $750 million aggregate principal amount of 5.75% junior subordinated debentures due 2052.
Stanley Black & Decker is a diversified global provider of hand tools, power tools and accessories, industrial tools and automotive tools and equipment, mechanical access solutions, electronic security solutions and technology-based (engineered) fastening systems.
The Davis Polk corporate team included partner Alan Dean, associates Scott Lunin and Vanessa K. Rakel and law clerk Judy Yen-Ju Lai. Partner Po Sit and law clerk Tracy L. Matlock provided tax advice. Counsel Betty M. Huber and associate Kevin J. Klesh provided environmental advice. Rosemarie Melendez was the legal assistant on the transaction. All members of the Davis Polk team are based in the New York office.
