Exhibit 5.2
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 | | A&L Goodbody | |
| Dublin
Belfast London New York San Francisco Palo Alto |
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| The Chrysler Building, Suite 33D |
| 405 Lexington Avenue |
| New York NY 10174 |
| T: +1 212 582 4499 |
| www.algoodbody.com |
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Date | | 2 July 2019 |
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Our ref | | MME/KD 01428884 |
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Your ref | | |
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 €5,000,000,000 of the Issuer’s Floating Rate Senior Notes due 2021 (theFloating Rate Notes), 0.00 % Senior Notes due 2022 (the2022 Notes), 0.25 % Senior Notes due 2025 (the2025 Notes), 1.00 % Senior Notes due 2031 (the2031 Notes), 1.50 % Senior Notes due 2039 (the2039 Notes), and 1.75 % Senior Notes due 2049 (the2049 Notes, and together with the Floating Rate Notes, the 2022 Notes, the 2025 Notes, the 2031 Notes, and the 2039 Notes,the Notes) pursuant to an underwriting agreement, dated as of June 25, 2019 (theUnderwriting Agreement) among the Issuer, the Company and Medtronic, Inc. (Medtronic US) and Barclays Bank Plc, Merrill Lynch International and Goldman Sachs & Co. LLC as representatives of the several underwriters named in the Underwriting Agreement. The Floating Rate 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 as the paying agent (thePaying Agent) (theSecond Supplemental Indenture). The remaining Notes will be issued pursuant to the Base Indenture), as supplemented by the third supplemental indenture, dated as of July 2, 2019, between the Issuer, the Company, Medtronic US, the Trustee and the Paying Agent (theThird Supplemental Indenture, and together with the Second Supplemental Indenture and the Base Indenture, theIndentures). The Company will fully and unconditionally guarantee the Notes pursuant to the terms of the Indentures (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 25 June 2019 (thePreliminary Prospectus Supplement) and the prospectus supplement dated as of 25 June, 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; |
PM Law • CE Gill • JG Grennan • J Coman • PD White • VJ Power • LA Kennedy • SM Doggett • B McDermott • C Duffy • PV Maher • S O’Riordan • MP McKenna • KA Feeney M Sherlock • EP Conlon • E MacNeill • KP Allen • EA Roberts • C Rogers • G O’Toole • JN Kelly • N O’Sullivan • MJ Ward • AC Burke • D Widger • C Christle • S O’Croinin • JW Yarr • DR Baxter A McCarthy • JF Whelan • JB Somerville • MF Barr • AM Curran • A Roberts • M Dale • RM Moore • D Main • J Cahir • M Traynor • PM Murray • P Walker • K Furlong • PT Fahy • M Rasdale D Inverarity • M Coghlan • DR Francis • A Casey • B Hosty • M O’Brien • K Killalea • L Mulleady • K Ryan • E Hurley • G Stanley • D Dagostino • C Clarkin • R Grey • R Lyons • J Sheehy • C Morrissey C Carroll • SE Carson • P Diggin • J Williams • A O’Beirne* • MD Cole • G Conheady* • J Dallas • SM Lynch • M McElhinney* • C Owens • AD Ion • K O’Connor • JH Milne • T Casey • M Doyle CJ Comerford • R Marron • D Berkery*
Consultants: SW Haughey • Professor JCW Wylie • AF Browne • MA Greene • AV Fanagan • JA O’Farrell • IB Moore
Each of the partners of A&L Goodbody set out above practises as an Irish Law Attorney. * Resident in U.S.