The investment-grade notes are due 2029, 2031, 2034 and 2054

Davis Polk advised the representatives of the several underwriters in connection with the debut SEC-registered offering by AppLovin Corporation of $1 billion aggregate principal amount of its 5.125% senior notes due 2029, $1 billion aggregate principal amount of its 5.375% senior notes due 2031, $1 billion aggregate principal amount of its 5.500% senior notes due 2034 and $550 million aggregate principal amount of its 5.950% senior notes due 2054.

AppLovin makes technologies that help businesses of every size connect to their ideal customers. The company provides end-to-end software and AI solutions for businesses to reach, monetize and grow their global audiences.

The Davis Polk capital markets team included partner Derek Dostal, counsel Judah Bareli and associate Megan P. Phansalkar. Partner Matthew J. Bacal and associates Shreya R. Kundur and Nazli Ungan provided intellectual property advice. Partner Mario J. Verdolini and associate Michelle Zhao provided tax advice. All members of the Davis Polk team are based in the New York office.

Copy link to share post