Exhibit 5.2
Medtronic plc
20 Lower Hatch Street
Dublin 2
Ireland
Dear Sirs
We have acted as Irish solicitors to Medtronic plc (f/k/a Medtronic Limited) (the Company) in connection with the offer and sale by Medtronic Global Holdings S.C.A. (theIssuer) of aggregate principal amount of €500,000,000 of the Issuer’s Floating Rate Senior Notes due 2021 (theFloating Rate Notes), 0.000% Senior Notes due 2021 (the2021 Notes), 0.375% Senior Notes due 2023 (the2023 Notes), 1.125% Senior Notes due 2027 (the2027 Notes), 1.625% Senior Notes due 2031 (the2031 Notes), and 2.250% Senior Notes due 2039 (the2039 Notes, and together with the Floating Rate Notes, the 2021 Notes, the 2023 Notes, the 2027 Notes, and the 2031 Notes,the Notes) pursuant to an underwriting agreement, dated as of March 4, 2019 (theUnderwriting Agreement) among the Issuer, the Company and Medtronic, Inc. (Medtronic US) and Barclays Bank Plc and Merrill Lynch International as representatives of the several underwriters named in the Underwriting Agreement. The Notes will be issued pursuant to the indenture dated as of March 28, 2017 (theBase Indenture), between the Issuer, the Company Medtronic US and Wells Fargo Bank, National Association, as trustee (theTrustee), as supplemented by the second supplemental indenture, dated as of March 7, 2019, between the Issuer, the Company, Medtronic US, the Trustee and Elavon Financial Services DAC, UK Branch as the paying agent (theSecond Supplemental Indenture together with the Base Indenture, theIndenture). The Company will fully and unconditionally guarantee the Notes pursuant to the terms of the Indenture (theGuarantee) and separately, Medtronic US will also fully and unconditionally guarantee the Notes.
The offer and sale of the Notes is being made pursuant to the registration statement on FormS-3 (theRegistration Statement), filed with the Securities and Exchange Commission (theSEC) on 6 February 2017 (FileNo. 333-215895) by the Company, the Issuer and Medtronic US, which Registration Statement includes a prospectus dated 3 February 2017 (theBase Prospectus), as supplemented by the preliminary prospectus dated 4 March 2019 (thePreliminary Prospectus Supplement) and the prospectus supplement dated as of 4 March 2019 relating to the issuance by the Issuer of the Notes (theProspectus Supplement).
1 | We have examined PDF executed copies of: |
1.1 | each of the Transaction Documents set out in Schedule 1 hereto; |
1.3 | corporate certificate (theCorporate Certificate) of the Company dated the date hereof attaching: |
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