Intel Corporation $6.5 Billion Notes Offering
Davis Polk advised the joint bookrunning managers in connection with a $6.5 billion SEC-registered debt offering by Intel Corporation, consisting of $700 million of its floating-rate notes due 2020, $800 million of its floating-rate notes due 2022, $1 billion of its 1.850% senior notes due 2020, $750 million of its 2.350% senior notes due 2022, $1.25 billion of its 2.875% senior notes due 2024, $1 billion of its 3.150% senior notes due 2027 and $1 billion of its 4.100% senior notes due 2047.
Intel is a world leader in the design and manufacturing of essential products and 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 Ingrid L. Perez. Partner Rachel D. Kleinberg and associate Catherine L. Chu provided tax advice. Members of the Davis Polk team are based in the Northern California and New York offices.