Legal DealFolio - Stanley Black & Decker Offering of Equity Units

Davis Polk advised Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC and J. P. Morgan Securities LLC as joint book-running managers and representatives of the underwriters on an SEC-registered offering by Stanley Black & Decker, Inc. of 3,450,000 equity units, including 450,000 equity units from the exercise by the underwriters of their option to purchase additional equity units. The equity units will initially consist of USD345 million aggregate principal amount of 2.25% junior subordinated notes due 2018 and contracts to purchase, for an aggregate of USD345 million, 3,450,000 shares of common stock of Stanley Black & Decker. In addition, Davis Polk advised counterparties to capped call transactions with Stanley Black & Decker in connection with the offering. 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, associate Roshni S. Banker and law clerk Shaun Levor. The equity derivatives team included partner Ray Ibrahim, associates Jonathan Armstrong, Noah L. Wynkoop and Xiao Zhu, former associate Alison A. Haggerty and law clerk Geoffrey E. Walter. The tax team included partner Lucy W. Farr, associate Ankur Dalal and law clerk Catherine L. Chu. Counsel Betty Moy 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.

Deal Date:	04-12-2013	Practice Area:	Equity Capital Markets
Deal Title:	Stanley Black & Decker Offering of Equity Units	Industry:	General Industrials
Description:	Davis Polk advised Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC and J. P. Morgan Securities LLC as joint book-running managers and representatives of the underwriters on an SEC-registered offering by Stanley Black & Decker, Inc. of 3,450,000 equity units, including 450,000 equity units from the exercise by the underwriters of their option to purchase additional equity units. The equity units will initially consist of USD345 million aggregate principal amount of 2.25% junior subordinated notes due 2018 and contracts to purchase, for an aggregate of USD345 million, 3,450,000 shares of common stock of Stanley Black & Decker. In addition, Davis Polk advised counterparties to capped call transactions with Stanley Black & Decker in connection with the offering. 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, associate Roshni S. Banker and law clerk Shaun Levor. The equity derivatives team included partner Ray Ibrahim, associates Jonathan Armstrong, Noah L. Wynkoop and Xiao Zhu, former associate Alison A. Haggerty and law clerk Geoffrey E. Walter. The tax team included partner Lucy W. Farr, associate Ankur Dalal and law clerk Catherine L. Chu. Counsel Betty Moy 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.
Financial Center:	New York	Value:	100.01-500.00
Advised Party:	Underwriter	Law Firm	Davis Polk
Issuer Jurisdiction -	United States	Listing Jurisdiction -	United States
Classification:	Secondary Offerings and Placings NYSE:	Lawyer	Alan Dean

Practice Areas -

Equity Capital Markets Law Firms and Lawyers

Practice Areas - Equity Capital Markets Law Firms and Lawyers