DXC Technology €650 million senior notes offering
We advised the initial purchasers on the investment-grade debt offering
Davis Polk advised the representative of the several initial purchasers in connection with the Rule 144A / Regulation S offering by DXC Capital Funding DAC, an indirect subsidiary of DXC Technology Company, of €650 million aggregate principal amount of 4.250% senior notes due 2030. The notes are guaranteed by DXC Technology Company and DXC Luxembourg International S.à r.l, the direct parent of DXC Capital Funding DAC.
DXC Technology is a leading global provider of information technology services. The company serves as a trusted operating partner to many of the world’s most innovative organizations, building solutions that move industries and companies forward. Its engineering, consulting and technology experts help clients modernize their systems and processes, manage critical workloads, integrate AI-powered intelligence into their operations, and put security and trust at the forefront.
The Davis Polk capital markets team included partner Deanna L. Kirkpatrick, counsel Jennifer (Ying) Lan and associate Eric Spiniello. Counsel Dustin Plotnick and Liang Zhang and associate Isaiah B. Kramer provided tax advice. The intellectual property team included partner David R. Bauer and associates Gabrielle Mazero and Anne Kim. All members of the Davis Polk team are based in the New York office.