Motorola Solutions $850 million notes offering
Davis Polk advised the representatives of the several underwriters in connection with an SEC-registered offering of $850 million aggregate principal amount of 2.750% senior notes due 2031 by Motorola Solutions, Inc.
Motorola Solutions, Inc. intends to use the net proceeds from the offering for general corporate purposes, which may include repayments, redemptions or repurchases of its outstanding indebtedness. Pending such use, it may invest the net proceeds in short-term interest-bearing accounts, securities or similar investments.
Motorola Solutions, Inc. is a leading global provider of mission-critical communications. Its technology platforms in communications, command center software, video security and analytics make cities safer and help communities and businesses thrive.
The Davis Polk corporate team included partner Byron B. Rooney and counsel Jennifer Ying Lan. Partner Mario J. Verdolini and associate Eitan Ulmer provided tax advice. Partner Pritesh P. Shah and associate Yana Kipnis provided intellectual property advice. Counsel Loyti Cheng and associate Michael Comstock provided environmental advice. All members of the Davis Polk team are based in the New York office.