Cases & Deals

Cintas subsidiary completes $1.7 billion public offering of Senior Notes

Clients Cintas Corporation

Jones Day represented Cintas Corporation, a specialized products and services provider, in connection with the issuance of $650 million aggregate principal amount of 2.900% Senior Notes due 2022, $1 billion aggregate principal amount of 3.700% Senior Notes due 2027, and $50 million aggregate principal amount of 3.250% Senior Notes due 2022 in a public offering by its subsidiary, Cintas Corporation No. 2, underwritten by J.P. Morgan, KeyBanc Capital Markets, Mitsubishi UFJ Securities, Fifth Third Securities, PNC Capital Markets LLC, US Bancorp, and Wells Fargo Securities.

The net proceeds from the offering of Senior Notes will be used, in part, to finance Cintas’ acquisition of G&K Services, Inc.