We advised Texas Instruments on its investment-grade debt offering

Davis Polk advised Texas Instruments Incorporated in connection with its SEC-registered offering of $550 million aggregate principal amount of its 4.500% senior notes due 2030 and $650 million aggregate principal amount of its 5.100% senior notes due 2035. Texas Instruments intends to use the net proceeds from the offering for general corporate purposes.

Texas Instruments designs and manufactures semiconductors that it sells to electronics designers and manufacturers all over the world. Its operations began in 1930 and it is incorporated in Delaware. With headquarters in Dallas, Texas, Texas Instruments has design, manufacturing or sales operations in more than 30 countries.

The Davis Polk corporate team included partner Emily Roberts and associates Rong (Fiona) Huang and Matthew Marion. The tax team included partner Lucy W. Farr and associates Jeff Metzger and Hunter P. Shaw. Counsel Leon E. Salkin and associate Alex Brod provided 1940 Act advice. Members of the Davis Polk team are based in the Northern California and New York offices.