Singapore - Flex Ltd. $750 Million Notes Offering.

Legal News & Analysis - Asia Pacific - Singapore - Capital Markets

12 May, 2020

 

Davis Polk advised the joint book-running managers in connection with a $750 million SEC-registered debt offering by Flex Ltd. The offering consisted of $425 million aggregate principal amount of its 3.750% notes due 2026 and $325 million aggregate principal amount of its 4.875% notes due 2030.

 

Headquartered in Singapore, Flex is a globally-recognized provider of Sketch-to-Scale services - innovative design, engineering, manufacturing and supply chain services and solutions - from conceptual sketch to full-scale production. Flex designs, builds, ships and manages complete packaged consumer and enterprise products, from medical devices and connected automotive systems to sustainable lighting and cloud and data center solutions, for companies of all sizes in various industries and end-markets.

 

The Davis Polk corporate team included partner Alan F. Denenberg, counsel Jeffrey Gould and associate Benson Richards. The tax team included partner Michael Farber and associate Ben Levenback. Associate Jennifer Leather provided intellectual property advice. Members of the Davis Polk team are based in the Northern California and New York offices.