Applied Materials, Inc. $1.5 Billion Notes Offering
5/29/2020

Davis Polk advised the underwriters in connection with an SEC-registered offering by Applied Materials, Inc. of $750 million aggregate principal amount of its 1.750% notes due 2030 and $750 million aggregate principal amount of its 2.750% notes due 2050.

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

The Davis Polk corporate team included partner Alan F. Denenberg and associates Beth LeBow and Joseph G. Marano. Partner Frank J. Azzopardi and associate Jennifer Leather provided intellectual property advice. The tax team included Partner Patrick E. Sigmon and associate Lex L. Varga. Associate Allison Gunther provided ’40 Act advice. Members of the Davis Polk team are based in the Northern California and New York offices.