Lam Research Corporation $2.5 Billion Notes Offering
3/4/2019

Davis Polk advised the joint book-running managers on the SEC-registered offering by Lam Research Corporation of $750 million aggregate principal amount of its 3.750% senior notes due 2026, $1 billion aggregate principal amount of its 4.000% senior notes due 2029 and $750 million aggregate principal amount of its 4.875% senior notes due 2049.

Headquartered in Fremont, California, Lam Research Corporation is an innovative supplier of wafer fabrication equipment and services to the semiconductor industry.

The Davis Polk corporate team included partner Alan F. Denenberg and associates Xin (Anita) Guo and Jennifer Leather. Partner Rachel D. Kleinberg and associate Itay Peer provided tax advice. Partner Frank J. Azzopardi and associate S. Dream Montgomery provided intellectual property and technology advice. Associates J. Taylor Arabian and Matthew R. Silver provided 1940 Act advice. The environmental team included counsel Loyti Cheng. Members of the Davis Polk team are based in the Northern California and New York offices.