Davis Polk advised BNP Paribas, J.P. Morgan Securities plc and Mizuho International plc as joint book-running managers in connection with an SEC-registered offering of €300 million of 1.000% notes due 2025 by Air Products and Chemicals, Inc.

Air Products, located in Allentown, Pennsylvania, is an industrial gases company with operations in over 50 countries. Air Products provides atmospheric, process and specialty gases, and related equipment to manufacturing markets, including metals, food and beverage, refining and petrochemical, and natural gas liquefaction.

The Davis Polk corporate team included partner Richard A. Drucker and associates Donald Shum and Andrew Holten. Partner Harry Ballan and associate Brian Harris provided tax advice. Members of the Davis Polk team are based in the New York office.