We advised the administrative agent and lead arrangers on the transaction

Davis Polk advised the joint lead arrangers and bookrunners, and the administrative agent, in connection with a $2 billion revolving credit facility for Applied Materials, Inc. to be used for general business purposes.

Applied Materials is the global leader in providing innovative equipment, services and software to the semiconductor, flat panel display and solar photovoltaic industries.

The Davis Polk finance team included partner James A. Florack, counsel Benjamin Cheng and Darren Mahone and associate Meredith (Sijia) Liu. All members of the Davis Polk team are based in the New York office.

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