Davis Polk advised IHS Inc. and certain of its subsidiaries in connection with a Rule 144A offering by IHS Inc. of an aggregate principal amount of $750 million of 5% senior notes due 2022. IHS Inc. used the net proceeds from the offering of the notes, together with cash on hand, to repay all amounts outstanding under its existing $250 million unsecured term loan and to repay a portion of the $850 million of outstanding borrowings under its new $1.3 billion senior unsecured revolving facility.   

IHS Inc. is a global information company operating in 31 counties around the world providing data analysis and information in key business areas, including energy economics, geopolitical risk, sustainability and supply chain management. 

The Davis Polk capital markets team included partner Joseph A. Hall, counsel Meredith L. Mackey and associate Donald Shum. Partner Kathleen L. Ferrell and associate Neetin Gulati provided tax advice. Associate Vanessa K. Rakel provided ’40 Act advice. All members of the Davis Polk team are based in the New York office.