Davis Polk advised the joint book-running managers and representatives of the several underwriters on the offering.

Hormel Foods Corporation completed its offerings of $950 million principal amount of 0.650% notes due 2024, $750 million principal amount of 1.700% notes due 2028 and $600 million principal amount of 3.050% notes due 2051.

Hormel Foods is primarily engaged in the production of a variety of meat and food products and the marketing of those products throughout the United States and internationally. Hormel Foods has continually expanded their product portfolio through organic growth, new product development and acquisitions.

The Davis Polk capital markets team advising BofA Securities, Inc., J.P. Morgan Securities LLC, U.S. Bancorp Investments, Inc., and Wells Fargo Securities, LLC included partner Derek Dostal (Picture) and associates Yoojin Nairn-Kim and Sophy Ma. Partner Po Sit and associate Bree Gong provided tax advice. The environmental team included counsel Loyti Cheng and associate Cristina Harshman.