Davis Polk advised Roche Holdings, Inc. in connection with a cash tender offer for up to $250 million aggregate principal amount of its 7.00% notes due 2039.

Headquartered in Basel, Switzerland, Roche is an international research-focused healthcare group, which is active in over 100 countries and employs more than 91,700 people worldwide.

The Davis Polk corporate team included partner John Banes, counsel Radoslaw Michalak and associate Josef Schmidt. Counsel Alon Gurfinkel and associate Kelli A. Rivers provided tax advice. All members of the Davis Polk team are based in the London office.