Davis Polk advised the underwriters on the registered offering of €600 million aggregate principal amount of 1.5% notes due 2020 by Praxair, Inc. Credit Suisse Securities (Europe) Limited, Deutsche Bank AG, London Branch and HSBC Bank plc 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 Roshni S. Banker, Brandon Schubert and Taylor Thompson. Partner Samuel Dimon, and associates Ameya V. Bapat and Isaac MacDonald provided tax advice. Counsel Loyti Cheng and associate Kevin J. Klesh provided environmental advice. Members of the Davis Polk team are based in the New York office.