Intel Corporation’s $8.0 Billion Senior Notes Offering
3/25/2020

Davis Polk advised the joint book-running managers in connection with an $8.0 billion SEC-registered debt offering by Intel Corporation. The offering consisted of $1.5 billion aggregate principal amount of 3.400% senior notes due 2025, $1.0 billion aggregate principal amount of 3.750% senior notes due 2027, $1.5 billion aggregate principal amount of 3.900% senior notes due 2030, $750 million aggregate principal amount of 4.600% senior notes due 2040, $2.25 billion aggregate principal amount of 4.750% senior notes due 2050 and $1.0 billion aggregate principal amount of 4.950% senior notes due 2060.

Intel is a world leader in the design and manufacturing of essential technologies that power the cloud and an increasingly smart, connected world.

The Davis Polk corporate team included partner Alan F. Denenberg and counsel Jeffrey Gould. Partner Rachel D. Kleinberg and associate Adam R. Brownstone provided tax advice. Associate Jennifer Leather provided intellectual property advice. All members of the Davis Polk team are based in the Northern California office.