Davis Polk advised the representatives of the initial purchasers in connection with a Rule 144A offering by Microchip Technology Incorporated of $1.8 billion aggregate principal amount of its 1.625% convertible senior subordinated notes due 2027 and $500 million aggregate principal amount of its 2.250% convertible junior subordinated notes due 2037.

Headquartered in Chandler, Arizona, Microchip Technology Incorporated develops, manufactures and sells specialized semiconductor products used by its customers for a wide variety of embedded control applications.

The Davis Polk corporate team included partner Alan F. Denenberg, counsel Jeffrey Gould and associate Connie Y. Lam. Partner Rachel D. Kleinberg and associate Mahalia S. Burford provided tax advice. Counsel Michelle Ontiveros Gross and associate Jason J. Bang provided intellectual property and technology advice.  Counsel Loyti Cheng provided environmental advice. Members of the Davis Polk team are based in the Northern California and New York offices.