NVIDIA $25 billion senior notes offering
We advised the joint book-running managers on the offering
Davis Polk advised the joint book-running managers in connection with a $25 billion SEC-registered offering by NVIDIA Corporation, consisting of $3.5 billion aggregate principal amount of its 4.250% notes due 2028, $3.5 billion aggregate principal amount of its 4.350% notes due 2029, $4.0 billion aggregate principal amount of its 4.500% notes due 2031, $3.5 billion aggregate principal amount of its 4.750% notes due 2033, $4.0 billion aggregate principal amount of its 4.950% notes due 2036, $3.0 billion aggregate principal amount of its 5.550% notes due 2046 and $3.5 billion aggregate principal amount of its 5.625% notes due 2056.
Headquartered in Santa Clara, California, NVIDIA pioneered accelerated computing to help solve the most challenging computational problems. Fueled by the sustained demand for exceptional 3D graphics and the scale of the gaming market, NVIDIA has leveraged its GPU architecture to create platforms for scientific computing, artificial intelligence, data science, autonomous vehicles, robotics and digital twin applications. NVIDIA is now a data center-scale AI infrastructure company reshaping all industries.
The Davis Polk corporate team included partners Alan F. Denenberg and Beth LeBow and associates Paula Gergen, Cole Davis and Alexis Aguila Johnson. The tax team included counsel Tracey L. Matlock and associate Michael Hsieh. Partner Matthew J. Bacal and associate Anne Kim provided intellectual property advice. Members of the Davis Polk team are based in the Northern California and New York offices.