NetApp, Inc. $2 Billion Notes Offering

Davis Polk advised the representatives of the several underwriters in connection with an SEC-registered offering by NetApp, Inc. of $750 million aggregate principal amount of its 1.875% senior notes due 2025, $550 million aggregate principal amount of its 2.375% senior notes due 2027 and $700 million aggregate principal amount of its 2.700% senior notes due 2030.

NetApp is a leader in hybrid cloud data services. NetApp helps its customers ensure their data and applications are in the right place at the right time with the right characteristics and capabilities to enable new insights and accelerate innovation.

The Davis Polk corporate team included partner Alan F. Denenberg and associates Beth LeBow and Dana Lueck-Mammen. The tax team included partner Michael Farber and associate Shay Moyal. The intellectual property and technology transactions team included partner Frank J. Azzopardi and associate Yifu Chen. Associate Sijia Cai provided 1940 Act advice. Members of the Davis Polk team are based in the Northern California and New York offices.