Exhibit 5.2
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| | | | DINSMORE & SHOHLLLP City Center 100 West Main Street ^ Suite 900 Lexington, KY 40507 www.dinsmore.com |
June 5, 2020
Valvoline Inc.
100 Valvoline Way
Lexington, Kentucky 40509
Valvoline Inc.
Registration Statement on FormS-4
Ladies and Gentlemen:
We have acted as Kentucky counsel to Valvoline Inc., a Kentucky corporation (the “Company”), in connection with the preparation and filing by the Company of a registration statement on FormS-4 (the “Registration Statement”) with the United States Securities and Exchange Commission (the “Commission”) under the Securities Act of 1933, as amended (the “Securities Act”). Pursuant to the prospectus forming part of the Registration Statement (the “Prospectus”), the Company is offering to exchange (the “Exchange Offer”) up to $400,000,000 aggregate principal amount of the Company’s 4.375% Senior Notes due 2025 (the “Exchange Notes”) and the related guarantees (the “Exchange Note Guarantees”), in exchange for a like principal amount of the Company’s currently outstanding unregistered 4.375% Senior Notes due 2025 that were issued on May 22, 2020 (the “Restricted Notes”) and the related guarantees (the “Restricted Note Guarantees”). Each of the entities listed in the Registration Statement as guarantors (collectively, the “Guarantors”) will provide the Exchange Note Guarantees to fully and unconditionally guarantee the Exchange Notes, on a senior unsecured basis, as to the payment of principal and interest on the Exchange Notes. The Exchange Notes will constitute part of the same series as the $400.0 million aggregate principal amount of 4.375% Senior Notes due 2025 that the Company issued on August 8, 2017 (the “Initial Notes”), substantially all of which have been exchanged for notes that have been registered under the Securities Act. Once exchanged pursuant to this Exchange Offer, the Exchange Notes are expected to be fungible with and have the same CUSIP number as the Initial Notes that have previously been exchanged.
The Exchange Notes and the Exchange Note Guarantees will be registered under the Securities Act as set forth in the Registration Statement and will be issued pursuant to the Indenture dated as of August 8, 2017, as supplemented by the Officer’s Certificate dated May 22, 2020 for the issuance of additional notes, by and among the Company, the Guarantors and U.S. Bank National Association, as trustee (the “Trustee”) (as amended and supplemented, the “Indenture”).