Juniper Networks, Inc. $500 Million Senior Notes Offering
Davis Polk advised the joint book-running managers of a $500 million SEC-registered debt offering by Juniper Networks, Inc., including $350 million aggregate principal amount of 3.125% senior notes due 2019 and $150 million aggregate principal amount of 4.500% senior notes due 2024. The 4.500% senior notes due 2024 are a reopening of the $350 million 4.500% senior notes due 2024 issued on March 4, 2014.
Juniper Networks, Inc. designs, develops and sells products and services for high-performance networks, which combine scale and performance with agility and efficiency.
The Davis Polk corporate team included partner Alan F. Denenberg and associates Sarah Ahmad and Dongbiao Shen. Partner Rachel D. Kleinberg and associate Alexander Wu provided tax advice. Associates Michelle Gross and Jason J. Bang provided intellectual property and technology advice. All members of the Davis Polk team are based in the Northern California office.