The investment-grade notes are due 2029

Davis Polk advised the joint book-running managers of the several underwriters in connection with the SEC-registered offering by Applied Materials, Inc. of $700 million aggregate principal amount of its 4.800% senior notes due 2029.

A global company with a broad set of capabilities in materials engineering, Applied Materials provides manufacturing equipment, services and software to the semiconductor, display and related industries.

The Davis Polk corporate team included partner Alan F. Denenberg and associates Dana Lueck-Mammen and Christian Mueller. The tax team included counsel Christopher A. Baratta and associates Eytan de Gunzburg and Ryan Powers. Partner Frank J. Azzopardi and associates Adrian Rabin and Emma Willems provided intellectual property advice. Counsel Sarah E. Kim provided ’40 Act advice. Members of the Davis Polk team are based in the Northern California and New York offices.