Garden SpinCo Corporation, a subsidiary of 3M, in its $350 million notes offering in connection with its previously announced combination with Neogen in a Reverse Morris Trust Transaction

On July 7, 2022, Neogen Corporation issued a press release announcing the pricing, as of July 6, 2022, of an offering of senior unsecured notes and the entry into a credit agreement for senior secured credit facilities by Garden SpinCo Corporation, a direct wholly owned subsidiary of 3M Company, that is expected to merge with a wholly owned subsidiary of Neogen in connection with the previously announced combination of Neogen and the food safety business of 3M in a Reverse Morris Trust transaction.

Wachtell, Lipton, Rosen & Katz served as legal advisor to 3M and Garden SpinCo.