We advised the underwriters on the offerings

Davis Polk advised the underwriters in connection with a public offering by International Business Machines Corporation (IBM) of C$1.75 billion aggregate principal amount of its 4.100% notes due 2030 and C$1 billion aggregate principal amount of its 4.750% notes due 2034.

The Davis Polk capital markets team included partner John B. Meade and associate David Giordano. Partner Ethan R. Goldman and associate Jenna Battaglia provided tax advice. All members of the Davis Polk team are based in the New York office.