Texas Instruments $1.5 billion notes offering
Davis Polk advised Texas Instruments Incorporated on its SEC-registered debt offering of $500 million aggregate principal amount of its 1.125% notes due 2026, $500 million aggregate principal amount of its 1.900% notes due 2031 and $500 million aggregate principal amount of its 2.700% notes due 2051.
Texas Instruments designs and makes semiconductors that they sell to electronics designers and manufacturers all over the world.
The Davis Polk corporate team included partner Emily Roberts and associates Benson Richards and Claire A. Bacon. Partner Mario J. Verdolini and associate Eitan Ulmer provided tax advice. Counsel Sarah E. Kim provided ‘40 Act advice. Counsel Charles Shi provided executive compensation advice. Members of the Davis Polk team are based in the Northern California and New York offices.