Intel $5 billion senior notes offering
We advised the underwriters on an investment-grade notes offering
Davis Polk advised the joint book-running managers in connection with a $5 billion SEC-registered debt offering by Intel Corporation. The offering consisted of $1 billion aggregate principal amount of 1.600% senior notes due 2028, $1.25 billion aggregate principal amount of 2.000% senior notes due 2031, $750 million aggregate principal amount of 2.800% senior notes due 2041, $1.25 billion aggregate principal amount of 3.050% senior notes due 2051 and $750 million aggregate principal amount of 3.200% senior notes due 2061.
Intel is a world leader in the design and manufacturing of essential technologies that power the cloud and an increasingly smart, connected world.
The Davis Polk corporate team included partner Alan F. Denenberg, counsel Jeffrey Gould and associate Sarah Masako Kirk. Partner Michael Farber and associate April Filtz provided tax advice. Partner Frank J. Azzopardi and associate Chelsea Renter provided intellectual property advice. Members of the Davis Polk team are based in the Northern California and New York offices.