Lam Research $2 billion notes offering
Davis Polk advised the joint book-running managers in connection with a $2 billion SEC-registered notes offering by Lam Research Corporation, consisting of $750 million aggregate principal amount of its 1.900% senior notes due 2030, $750 million aggregate principal amount of its 2.875% senior notes due 2050 and $500 million aggregate principal amount of its 3.125% senior notes due 2060.
Headquartered in Fremont, California, Lam Research Corporation is a global supplier of innovative wafer fabrication equipment and services to the semiconductor industry.
The Davis Polk corporate team included partner Alan F. Denenberg and associates Bryan M. Quinn and Travis B. Mitchell. Partner Po Sit and associate Talya Presser provided tax advice. Partner Frank J. Azzopardi and associate Jennifer Leather provided intellectual property advice. Members of the Davis Polk team are based in the Northern California and New York offices.