Marvell Technology private exchange offers
Davis Polk advised the dealer manager in connection with private exchange offers by Marvell Technology, Inc. for any and all outstanding 4.200% senior notes due 2023 and 4.875% senior notes due 2028 issued by Marvell Technology Group Ltd. for up to an aggregate principal amount of $1 billion of new 4.200% senior notes due 2023 and 4.875% senior notes due 2028 issued by Marvell Technology, Inc. The exchange offers settled on May 4, 2021.
Based in Santa Clara, California, Marvell Technology, Inc., together with its consolidated subsidiaries is a global fabless semiconductor solutions provider of high-performance data infrastructure products.
The Davis Polk corporate team included partners Alan F. Denenberg and Stephen Salmon and associates Beth LeBow and Alex DeGroat. The tax team included counsel Kiara L. Rankin. The intellectual property and technology transactions team included partner Frank J. Azzopardi and associate Yana Kipnis. Members of the Davis Polk team are based in the Northern California and New York offices.