Intel Corporation Exchange and Tender Offers

Davis Polk advised the dealer managers in connection with the offers by Intel Corporation to exchange any and all of its outstanding $1.5 billion 4.80% senior notes due 2041, $925 million 4.25% senior notes due 2042 and $2 billion 4.90% senior notes due 2045 for a combination of its newly issued 3.734% notes due 2047 and cash, along with three concurrent cash tender offers by Intel Corporation for any and all of these series of notes.

Intel is a leader in the design and manufacture of advanced integrated digital technology platforms. 

The Davis Polk corporate team included partner Alan F. Denenberg and associates Tyler P. Pender, Ingrid L. Perez and Lucas Tejwani. Partner Rachel D. Kleinberg and associate Tracy L. Matlock provided tax advice. Members of the Davis Polk team are based in the Northern California and New York offices.