Davis Polk advised Goldman Sachs & Co., J.P. Morgan Securities LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated, as joint book-running managers and representatives of the several underwriters in connection with an SEC-registered offering of senior notes by Ingersoll-Rand Luxembourg Finance S.A. The offering consisted of $300 million aggregate principal amount of 2.625% notes due 2020, $500 million aggregate principal amount of 3.550% notes due 2024 and $300 million aggregate principal amount of 4.650% notes due 2044. The notes are guaranteed by Ingersoll-Rand Company Limited, Ingersoll-Rand International Holding Limited, Ingersoll-Rand Company, Ingersoll-Rand Global Holding Company Limited and Ingersoll-Rand public limited company. The company intends to use a portion of the net proceeds from the offering to fund its previously announced acquisition of Cameron International Corporation’s Centrifugal Compression division.  

Ingersoll-Rand is a diversified, global company that provides products, services and solutions to enhance the quality and comfort of air in homes and buildings, transport and protect food and perishables, and increase industrial productivity and efficiency.  

The Davis Polk corporate team included partner Richard A. Drucker and associate Gabriel A. de Corral. Partner Rachel D. Kleinberg and associate Joseph Pahl provided tax advice. Counsel Loyti Cheng and associate Michael Comstock provided environmental advice. Partner John B. Reynolds III, counsel Jeanine P. McGuinness and associate Britt Mosman provided sanctions advice. Members of the Davis Polk team are based in the New York and Washington DC offices.