The senior notes are due 2031, 2034 and 2054

Davis Polk advised the joint book-running managers in connection with a $2.55 billion SEC-registered senior notes offering by Intel Corporation. The offering consisted of $500 million aggregate principal amount of 5.000% senior notes due 2031, $900 million aggregate principal amount of 5.150% senior notes due 2034 and $1.15 billion aggregate principal amount of 5.600% senior notes due 2054.

Intel is a global integrated device manufacturer of CPUs and related solutions that it designs, develops, manufactures, markets, sells, supports and services.

The Davis Polk corporate team included partner Alan F. Denenberg and associates Dana Lueck-Mammen and Dove Barbanel. Partner Michael Farber and associates Ted Lee and Richard P. Wang provided tax advice. Partner David R. Bauer and associate Alexis N. Wallace provided intellectual property advice. Counsel Matthew R. Silver provided ’40 Act advice. Members of the Davis Polk team are based in the Northern California and New York offices.