Davis Polk & Wardwell advised Credit Suisse Securities (USA) LLC and UBS Securities LLC as representatives of the underwriters on a $500 million initial public offering of 30,300,000 shares of common stock of GT Solar International, Inc. (GT Solar). GT Solar’s common stock is traded on the Nasdaq Global Select Market under the symbol “SOLR.”

GT Solar is a leading global provider of specialized manufacturing equipment and services essential for the production of photovoltaic (PV) wafers, cells and modules and polysilicon. PV systems are used in industrial, commercial and residential applications to convert sunlight directly into electricity.

The Davis Polk team included partner Alan F. Denenberg of the Menlo Park office and associates Jeffrey Pohlman, Jane Lindabury and Roman Ajzen (not yet admitted) of the New York office and summer associate Liang Dong of the Hong Kong office. Partner Rachel D. Kleinberg of the Menlo Park office and associate Alexander B. Patterson (not yet admitted) of the New York office provided tax advice. Counsel Marcie A. Goldstein of the New York office provided FINRA advice. Maxwell Sandgrund of the New York office was the legal assistant for the transaction.