Davis Polk advised the underwriters on the registered offering of $400 million aggregate principal amount of 2.650% notes due 2025, $200 million aggregate principal amount of 3.550% notes due 2042 and $150 million aggregate principal amount of floating-rate notes due 2017 by Praxair, Inc. Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC, RBS Securities Inc. and Wells Fargo Securities, LLC  acted as joint book-running managers for the offering. 

Praxair is the largest industrial gas company in North and South America, and one of the largest worldwide. The company produces, sells and distributes atmospheric and process gases, and high-performance surface coatings used in a wide variety of industries, including aerospace, chemicals, electronics, food and beverage, energy, health care, manufacturing, metals and others.   

The Davis Polk corporate team included partner Sarah E. Beshar and associates Branden C. Berns and Courtney Collins. Partner Michael Farber and associate Sam R. Van Peperstraete provided tax advice. Counsel Loyti Cheng and associate Michael Comstock provided environmental advice. All members of the Davis Polk team are based in the New York office.