The investment-grade notes are due 2031 and 2036

Davis Polk advised the joint book-running managers in connection with a $1 billion SEC-registered investment-grade debt offering by Applied Materials, Inc. The offering consisted of $550 million aggregate principal amount of 4.000% senior notes due 2031 and $450 million aggregate principal amount of 4.600% senior notes due 2036.

Applied Materials, Inc. is the leader in the materials engineering solutions used to produce virtually every semiconductor and advanced display in the world.

The Davis Polk corporate team included partners Alan F. Denenberg and Emily Roberts and associates Dana Lueck-Mammen and Robb Dehney. The tax team included counsel Christopher A. Baratta and associate Valentin Van de Walle. Partner Frank Azzopardi and associates Emma Willems and Syma Birenbaum provided intellectual property advice. Counsel Will Schisa provided regulatory advice. Members of the Davis Polk team are based in the Northern California, New York and Washington DC offices.

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