Davis Polk advised Barclays Capital Inc. as the underwriter in connection with the SEC-registered offering of 17,489,233 shares of common stock of MRC Global Inc. sold by investment funds managed by the Merchant Banking Division of the Goldman Sachs Group, Inc. The common stock is listed on the New York Stock Exchange under the symbol “MRC.”  

Headquartered in Houston, Texas, MRC is the largest global distributor of pipe, valve and fittings, and related products and services to the energy industry based on sales, and supplies these products and services across each of the upstream, midstream and downstream sectors. 

The Davis Polk corporate team included partner Richard A. Drucker, associates Byron B. Rooney and Ferrell Maguire. The tax team included partner Michael Farber and associate Juelle Gomes. Counsel Betty Moy Huber and associate Amy E. Turner provided environmental advice. Rosemarie Melendez was the legal assistant on the transaction. All members of the Davis Polk team were based in the New York office.